Creative will return its grain elevator in a court case

Creative will return its grain elevator in a court case

10.03.2016 News

0000060900-agroholding-kreativAccording to the statement of the new management  of the Creative company was opened a criminal proceeding  for illegal withdrawal of the group’s assets. It is reported by the  “Ukrainian News”.

In February 2016 Holosiivskyi District Court of Kiev ordered the freezing of assets of the companies “Protein-Production”, “League” and “Yagotynske HPP”. Seizure of assets was carried out for the request of the Chief of National Police Office in Kiev, due to the fact-finding inquiry in the cases of illegal withdrawal of assets from the “Creative” company, as well as falsification of financial records.

The company believes that the assets, including “Yagotynske HPP” were extracted  illegally as far as Maxim Berezkin did not transfer  to himself the relevant debts of the banks (mainly its an “Ukreximbank”, worth about $ 100 million).

Arrested assets belong to the Berezkin family, who have recently sold their oil extraction business and founded a new company – GREENSTONE. Elevator business was regarded as one of the main activities of the new company GREENSTONE.

Agro-industrial “Creative Group” is an integrated company specializing in the processing of agricultural products, production of feed products for livestock and poultry, food and biofuel production.

GREENSTONE company established in August 2015 based on 25-30% of all assets of the “Creative Group”.

GREENSTONE is the Ukrainian integrated agro-industrial group of companies that unites several business areas, including the production and sale of soybean and sunflower oil and meal, agricultural and animal directions motor company and a few invest-projects. Staff of the company is about 1500 people.

Source: latifundist.com

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