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Mark will sell the property to pay the debt to the Bank
The court ruled to pay 649,6 million rubles Bank Vozrozhdenie.
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The Bank sued the holding Mark credit debt in the amount of 649,6 million. Collateral defendants should be sold at a public auction in the form of an auction.

As informs "Interfax"with enterprises LLC "Valar", LLC "Valar-trade"LLC, "food company "don", JSC "Agroinvestbank, LLC Valinor Management", OJSC "Primorskiy", CJSC "Azov", OJSC "agricultural company "Kagalnitskaya", OJSC "Agricultural enterprise "Soviet Union" and the company Valars management limited charged on credit agreements dated 11 June 2010 510,6 million roubles, and on contracts from 31 August 2009 to 139 million.

The court to foreclose on the pledge agreement on movable property food companies "don", "Agroinvestbank", "Azov", on movable and immovable property "seaside", self-propelled machinery agro "Kagalnitskaya".

The court also foreclose on pledged Bank shares "Azov", "Agroinvestbank" and "seaside". The total initial price of the shares is 408,5 million.

Mark (former Valars Group) was one of Russia's largest agricultural holdings and the largest exporter of the grain. According to the newspaper "Kommersant" problems began after the 2008 crisis, when she bought selhozarteli under short-term loans. After sagging market, the group has not been able to pay off the loan. In 2011, the total debt of Valars Management Ltd was 341,5 million dollars. One of the largest creditors of the holding company was a Bank.

Russian-Ukrainian Valars Group, was founded in December 2006 by former managers "Jugtranzitservisa" (Rostov region). The company develops two key areas - crop production and trading. The company structure includes trading business with offices in the cities of Russia, Ukraine, Cyprus, Switzerland and Egypt. In 2010, the agricultural assets of the group were a separate company Mark.



Translated by the service Yandeks.perevod"
Источники: Деловой квартал
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