The new investor plans to invest 1.2 billion rubles in the expansion of the cheese factory ‘Rylsky syrodel’ in Kursk region

‘The plant has a new investor — the group of companies Neva milk. It is aimed at the modernization of the enterprise and this year it is spending 1.2 billion rubles on this,’ said Mr. Starovoit. ‘Now the plant is building a new workshop. It is planned to double the volume of products, increase the salaries of employees, and open about 50 jobs.’

It is worth reminding that the fight for the assets of Kursk-Moloko began in April 2019. Then the bank Vozrozhdenie filed for bankruptcy of the company because of its guarantee for the debts of JSC Ostankino Dairy Plant (ODP, the second asset of Milkiland in the Russian Federation). Initially, the Kursk plant reported that they did not plan to pay the debts for another legal entity, since the bankruptcy of ODP continued and not all the property had been sold yet. But in the autumn, Kursk-Moloko introduced a monitoring procedure. The debts were ceded to Nevsky Cheeses, after which the meeting of creditors of Kursk-Moloko decided to apply for the introduction of bankruptcy proceedings, which was satisfied. Representatives of Milkiland, according to them, tried to conclude a settlement agreement with Nevsky Cheeses and pay off debts, but to no avail. Co-owner of Milkiland Anatoly Yurkevich explained to the Kommersant-Chernozemye that the group will seek to regain control of the enterprise in court.