Kommersant: ISD Corporation lost Serbian Carriage Works
Feb 12th, 2010 | By admin | Category: Main NewsAgency for Privatization of State Property of Serbia to end the contract for the sale of Carriage Works "Kraljevo&1000quot; Ukrainian company Azovimpeks, "said Bi-Bi-Si" referring to the Serbian authorities. The reason for this failure was "Azovimpeksom" obligations assumed by the purchase of the asset. According to the Ministry of Economy of Serbia, the company has not invested in modernizing the company provided 2.7 million euros, and has accumulated arrears of wages. The last few months, the factory workers on strike, demanding payment of wages and working conditions.
Plant "Kraljevo" specializes in the manufacture and repair of freight wagons wagons. Production capacity of the enterprise - 480-500 cars a year. "Azovimpeks" became the owner of about 70% of the plant in 2006, having bought them on the privatization tender for 200 thousand euros. The company pledged to invest over 6.5 million euros in the company. As a result, production of railway wagons had to double up to a thousand units per year.
According to the director of "Factory Kraljevo wagon" Bosko Slavkovich, today the plight of the enterprise caused by the global financial crisis. At the same time, wages and working conditions - not the only problems that have troubled workers. The trade union company noted that at the time of privatization of "Factory Kraljevo wagon" of his debts amounted to 7 million euros, while in 2009 more than doubled - up to 15 million euros. In addition, the union chairman, Milorad Cirkovic believes that much of the debt - 12 million euros - make commitments to "Balkantransom" which, according to him, affiliated with Azovimpeksom. In "Azovimpekse" declined to comment yesterday.
Failure "Azovimpeksom" of its obligations due to the fact that Sergei Taruta focus now on higher priority directions of business, says a senior analyst at SG Astrum Investments Yury Ryzhkov. "To date, the main problem Sergei Taruta - debt ISD, which is estimated at $ 3 billion" - the expert marks. He recalled that recently, for the same reasons Taruta refused to fund the project "Children"s Hospital of the Future" in the amount of $ 15 million "Apparently, shareholders ISD Serbian plant is not particularly want" - suggests Ryzhkov. With him agrees analyst IR KBC Securities Ukraine Inna Perepelitsa: "Most likely, the plant" Kraljevo "was originally bought for resale. But in connection with the crisis do not have."
Alexander Chernovalov
Today hydrocarbon market again reigned downward trend, the pressure on the quotation of the dollar has strengthened
Traditional buying precious metals at the beginning of the year from foundations and the dollar"s decline will provide sustained support for quotations of gold and silver
Coming in the second half of the trading day pool statistics define the mood of the closure of Russiad32"s market
Recommendations on the shares of Gazprom, Transneft, FSK, RTS Index futures, oil and natural gas
At 13.00 Moscow time trade on the MICEX Stock Exchange amounted to 88.5463 billion rubles
"Finam" teach swing trading
Overview of the oil market for 19.01.10
Asia: pharmacists are jubilant, but the markets in the region can not boast of success
China has banned a number of under-capitalization of banks to issue loans and limit the total amount of lending in the country
