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Court initiated Kharkiv Tractor Plant bankruptcy proceedings
08.10.2007 08:07 "Agro Perspectiva" (Kyiv) —
Kharkiv region Economic Court has initiated case ¹ B-39/109-07 to recognize OJSC Sergo Ordzhonikidze Kharkiv Tractor Plant as bankrupt, reported Uriadoviy Kurier newspaper Oct 5. As to report, Court has initiated case following CJSC Torgoviy Tsentr -2000 plea. Court has appointed Oleksandr Baranovskiy, arbitral manager, disposer of bankrupt assets. As to Court, creditors claims are accepted within 1 month. As to Agro Perspective earlier report, within Jan-Mar 2007 Kharkiv Tractor Plant net loss had boosted to UAH29.9 mn, up 2,7 times against 2006 similar. As to Oleksandr Yaroslavskiy, Kharkiv Tractor Plant co-owner Oct 1 report, GAZ Group (Russia) purchased 40% of Kharkiv Tractor Plant shares.
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