Khorol Dairy Plant reducing output due to raider attack
KYIV. July 25 (Interfax-Ukraine) - PJSC Khorol Dairy Canning Plant, the only Ukrainian producer of baby food, is reducing production due to the raider capture of the enterprise.
"The lawyers we hired to accompany the legal activity of the Trust Advisors combine turned to be not just professionals but wizards. With the wave of a magic wand all movable and immovable property together with the land was transferred to the new owners for little money," shareholder in Khorol Dairy Plant Heorhiy Sazhinov said at a press conference at Interfax-Ukraine.
According to him, the main partner of the company is Ivan Mischenko. The said law firm appointed Vitaliy Ilnytsky acting director general ,while he registered all of the company's property for false firms.
Sazhinov reported he owns an 84% stake in the company, while by mid-2015 Khorol Dairy Plant did not have credit indebtedness. Its EBITDA was around $3 million. The shareholders planned to invest about $30 million in the development of the company.
"I call on Ukrainian authorities, security forces to put an end to this criminal activity," he said.