Court declares Ukrkhimprom bankrupt, starts liquidation

The Kyiv Economic Court has declared Ukrkhimprom Chemical Company LLC (Kyiv) bankrupt and started a liquidation procedure against the enterprise, reads an announcement in the Holos Ukrainy newspaper.

Creditors' claims are accepted within two months after the date of publication of the announcement.

Ivan Husar has been appointed liquidator in the case.

The owner of Ukrkhimprom is Ihor Ilchuk. The company is engaged in various kinds of trade, particularly the sale of food.

The net income of Ukrkhimprom in 2011 was UAH 447.447 million, but in 2012 it fell to UAH 14.736 million.