Creditors of UralTransBank might notice low effectiveness of resource management and reduce the number of long-term agreements

18 December 2006 (14:52)

‘It’s not very likely that the new management of Yekaterinburg Meatpacking Plant Ltd. is going to abandon its financial liabilities; however, given the current state of events, the creditors (UralTransBank in particular) will try to get rid of the plant’s debts by selling them,’ General Director of Blagodat Securities Vsevolod Chaschin said to UrBC representative.

Due to some significant personnel changes at Yekaterinburg Meatpacking Plant Ltd., its creditors have found themselves in a strait: neither the structure nor the management of the company has been settled yet. Nor is anyone aware of the new management’s policy in terms of the company’s assets and liabilities.


Other materials on the topic::