Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt

Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt

20.01.2016 News

Odessa Oil-and-Fat Production Plant is going to be recognized a bankruptThe Commercial Court of Odessa region initiated a bankruptcy proceeding of the Odessa oil-and-fat production Plant, one of the largest oil and fat enterprises of Ukraine. According to the information of the National Commission on Securities and Stock Market the application of instituting proceedings was filed  by Lenintal  Ltd. (Odessa region).

The reason for initiation of the bankruptcy of the emitent is the requirements of the creditor to pay off the debt in the amount of 501.809 thousand UAH. Odessa oil-and-fat production Plant manufactures and distributes industrial and consumer market margarines, cooking, confectionery fats, sunflower oil and mayonnaise under the trade name “Sonyachna dolyna”.

In 2014, the company reduced the net loss by 8.4% to 123.019 million UAH.  Company’s net income increased by 6% – up to 71 million UAH, gross profit more than doubled to 14.965 million UAH.

At the hearing in the court the representative of the debtor affirmed the  insolvency of Odessa oil-and-fat production Plant.  The Court examined the candidates and appointed the executor of the estate of PJSC Odessa oil and fat plant – an arbitration manager.

Odessa oil-and-fat production Plant is one of the leaders of the oil and fat industry of Ukraine, in particular, the Sonyachna Dolyna products. “The company was founded in the early twentieth century, and more than a dozen years, manufactures and distributes industrial and consumer market margarines, cooking, confectionery fats, sunflower oil and mayonnaise”, – said in a historical note published on the website of the company.

The decision to start the procedure of bankruptcy of Odessa oil-and-fat production Plant published in the Unified State Register of judgments.

Source: agroconf.org

Other articles

  • Tesla is recalling 50,000 vehicles
    News

    Tesla is recalling 50,000 vehicles

    Tesla is recalling about 50,000 Model S and Model X cars manufactured in the United States in different years and imported to China due to the identified suspension problems. This was reported on its website by the Chinese State Administration of Market Regulation. According to the statement of the Chinese regulator, almost 30 thousand Model […]

  • Coca-Cola’s net profit for 9 months decreased by 9%
    News

    Coca-Cola’s net profit for 9 months decreased by 9%

    The net profit of the world’s largest producer of soft drinks Coca-Cola, which falls on the company’s shareholders, in the first nine months of the year decreased by 9% year on year and amounted to 6.291 billion dollars, according to company reports. Adjusted earnings per share were $ 1.46 against $ 1.6 a year earlier. […]

  • Intel’s net profit for 9 months increased by 6.3%
    News

    Intel’s net profit for 9 months increased by 6.3%

    Net profit of the American company Intel, one of the world’s largest manufacturers of computer components, in the first nine months of 2020, which ended on September 26, rose from 6.3% to $ 15.042 billion, according to the company press release. Adjusted earnings per share for the reporting period were $ 3.52 against $ 3.14 […]

  • Trump announced the release of the COVID-19 vaccine in the shortest possible time
    News

    Trump announced the release of the COVID-19 vaccine in the shortest possible time

    The United States plans to announce the readiness of the American vaccine against the coronavirus infection COVID-19 in the near future. The promise was made on Thursday by US President Donald Trump during the final round of election debates with the Democratic candidate Joe Biden at Belmont University in Nashville, Tennessee. This was reported by […]

  • Netflix reported a slowdown in the number of new subscribers
    News

    Netflix reported a slowdown in the number of new subscribers

    The streaming service Netflix published quarterly reports, which did not meet analysts’ expectations on a number of indicators. In this regard, the company’s shares fell by 5.7% during electronic trading. For example, Netflix’s earnings per share were $ 1.74, while analysts surveyed by Refinitiv expected $ 2.14. The number of new paid subscribers was 2.2 […]

  • Nokia has become a 5G supplier for Telia in Scandinavia and the Baltics
    News

    Nokia has become a 5G supplier for Telia in Scandinavia and the Baltics

    Finnish corporation Nokia will supply about 7.5 thousand 5G transmitters for Telia in Finland, Scandinavia and the Baltics, the equipment supplier said on Wednesday. Telia is a telecommunications company. The headquarters is located in Stockholm. The company’s largest shareholders are the governments of Sweden (37.3%) and Finland (11.7%). The company serves all government communications resources […]

  • The UN has estimated the scale of the decline in world trade in 2020
    News

    The UN has estimated the scale of the decline in world trade in 2020

    Global trade turnover in 2020 will decrease by 7-9%. This was announced on Wednesday, October 21, by the RBC-Ukraine news agency with reference to the report of the UN Conference on Trade and Development UNCTAD. The decline in trade has occurred in all regions of the world due to quarantine restrictions, the report said. They […]

  • The founder of Microsoft announced when the drug from COVID-19 will appear
    News

    The founder of Microsoft announced when the drug from COVID-19 will appear

    The coronavirus epidemic in the world will intensify by the end of this year due to the seasonality of the infection, but in early 2021 the situation will improve. This opinion was expressed by the head of Microsoft Bill Gates at the virtual conference GeekWire Summit. This was reported by Inc. “The good news is […]

Read also

Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
Analytics

Investment in Ukraine: inevitable or impossible?

INTENDED POTENTIAL Each country possesses certain positive qualities that enable it to compete for investment when attracting foreign capital. These can be natural resources, geopolitical features, the legal system, level of production, technological and cultural development, etc. Since Ukraine has declared its independence, a certain rating of its investment attractiveness potential has also emerged. Land […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

Fairfax holding company acquired a part of Astarta shares

International financial company Fairfax Financial Holdings Limited (Toronto headquarters, Canada) purchased 9.99% of shares of agricultural Ukrainian holding Astarta, which is the flagship of the domestic sugar market, which also is one of the largest provider of milk in the country. In addition,a new owner of shares acquired the right to purchase the remaining interest […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
Analytics

How exists and breathe the agrarian business of Ukraine

If there is a sector in which Ukraine is objectively comparable to the leaders of the world rankings, it is agriculture. According to the «Food» and «Agriculture Organization», Ukraine ranks third in the world by percentage of cropland against the total county’s area. And according to the «National Master»(global statistics portal), Ukraine occupies the 4th […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

Wells Fargo Reported Worse-than-expected Losses and Reduced Dividend

Today Wells Fargo, the fourth-largest U.S. bank, reported record losses of $2.4 billion in the second quarter, which was even worse than the bank management and Wall Street analysts expected. For the three months by June 30, Wells Fargo’s loss was $0.66. This is $0.46 worse than analysts’ forecast of $0.20 loss per share. One […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

What social projects are supported by business

LDaily decided to conduct a survey among the companies working in Ukraine to find out what social projects they support and why.       Anastasia Voitkevych, Head of Corporate Communications & Social Responsibility, Winner Group Ukraine Winner CSR has two focus areas — Charity and Responsible Business. Charity is philanthropy, Winner’s and its leadership’s […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

TOP 2015: The most invested Ukrainian companies

Despite the unstable political and economic situation in the country, in 2015 it was recorded a large influx of investments in Ukrainian projects from the west. New companies are increasingly attracting foreign investors.  The UVCA association recently reported on the results. The UVCA is an association of local and international investors. According to the UVCA […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

Facebook blocked the Ukrainian community retailer LeBoutique for the use of another’s trademark

A few days ago the official Facebook-community of one of the Ukraine’s largest shopping clubs LeBoutique was unavailable. The community is quite popular; about 35 000 users signed for the page. As reported in AIN.UA shopping club, the community was blocked by administration of the social network for the use of someone else’s trademark. The […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

Tiffany sued LVMH over the delay in the merger deal

The multinational jewelry company Tiffany has filed a lawsuit in the court of the state of Delaware (USA) against the French luxury goods manufacturer LVMH (Louis Vuitton Moet Hennessy) for delaying the latest merger process. This was announced on Wednesday by the press service of the jewelry company. According to press service, LVMH group intentionally […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

Foreign pharmaceutical company will invest $ 50 million in the construction of a plant in the Kiev region

Foreign pharmaceutical company Euro Pharma International is building a new pharmaceutical plant in Kiev Svyatoshinsky district, Kyiv region. The first phase of the project start is scheduled for autumn 2016. To date, the company estimates the volume of investments of $ 50 million. “I am very pleased that the foreign investors are interested in our […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

Tokyo Stock Exchange interrupted work due to the technical problems

Technical failure occurred on the Tokyo Stock Exchange, due to which the trading was suspended. This is stated in the statement by Japan Exchange Group, which owns the exchange. “Trading of all shares on the Tokyo Stock Exchange has been suspended due to the failures related to the delivery of the market information, ” – […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

$ 12 billions were invested in European start-ups in 2016

Startups European market by the number of attracted investments only gives place to America and China markets. According to the analysis, which is carried out the investment bank of France Clipperton and resource Who Got Funded, it increased the number of transactions up to $ 30 million last year, which graded decline in the proportion […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

Engie to store gas in Ukraine

NPJSC Ukrtransgaz, Engie and its Enegie Energy Management Ukraine subsidiary company have concluded the contracts on natural gas transportation and storage. NPJSC Ukrtransgaz is reported about it.The agreement conclusion has taken place in Paris during Ukrainian and French economy forum . Igor Prokopiv, the President of NPJSC Ukrtransgaz admitted that they were ready to perform […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

JPMorgan Reports Quarterly Revenue Growth Because Of The Investment Unit Strength

JPMorgan shares increased because of the announcement of financial results for the 2nd quarter ended on June 30. Since the beginning of the year, JPMorgan shares have lost almost 30% because the global COVID-19 pandemic has hit the global economy, and the US Federal Reserve has cut rates to zero greatly reducing the profitability of […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

UkrLandFarming implements an investment project on building a port terminal

The construction of the port terminal is a major investment project for UkrLandFarming. This was told by the founder and owner of the agricultural holding Oleg Bakhmatyuk in an interview to the  Latifundist.com. “The main investment project, for which we will raise money, is the construction of the port terminal. In my opinion, today there […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

SpaceX has postponed the launch of the 12th group of Starlink satellites

American company SpaceX Elon Musk moved on September 1 launch rocket Falcon 9 from 12 th group of satellites Starlink due to bad weather. The press service of the company announced on Sunday, August 30, on Twitter. “Today ‘s launch of Starlink is canceled before the flight due to difficult weather conditions. The next launch […]

Next
Odessa Oil-and-Fat Production Plant is going to be recognized a bankrupt
News

Vinnytsa agro-industrial group invests $ 20 million in its development

“Vinnitsa agro-industrial group” plans to attract financing in the amount of $ 20 million. This was said by the general director of the group, Vladimir Bartz. “We hope to raise $ 20 million. We need them to increase the land bank, to attract more equipment as well as construction of oil extraction plant at the […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com