The Kursk pig farm “Global Eco”, which has fallen in price by three times, again did not interest anyone at the auction

The property complex of CJSC Agrofirma Lyubimovskaya (part of Pavel Smetana's Global Eco holding) could not be sold at the next auction even at the minimum price of 351.8 million rubles, follows from a message on the Federal resource.

The assets were again put up for auction through a public offer with an initial price of 409.43 million rubles. During the price reduction, it fell to 351.8 million rubles. However, no bids were submitted for the auction, so they were declared invalid.

Recall that no one was interested in these assets for 594 million rubles at the previous auction. The property has not been sold for over a year. Initially, the complex was planned to be implemented for almost 1 billion rubles. However, due to unsuccessful attempts, the price gradually decreased.

At the auction, they are trying to sell a property complex, which includes the right to lease a land plot with an area of ​​123.4 thousand square meters. m, pigsties for insemination of queens and raising sows and piglets, housing buildings, fattening pigsties, feed bins, a closed parking lot for agricultural machinery, a veterinary laboratory, a quarantine building, slaughterhouses, sewerage networks and other communications, as well as equipment. In addition, the lot includes 755 heads of sows and boars (145.6 thousand kg), as well as a herd of young animals (727.4 thousand kg).

The company's bankruptcy case was initiated in August 2019. The basis was bank debts of 1.78 billion rubles. The debt was formed due to guarantee agreements concluded from 2009 to 2012, as well as non-repayment of a number of credit lines. The money was intended for the purchase of feed, replenishment of working capital, financing of the project for the construction of a complex for the slaughter and primary processing of pigs, etc. In September 2019, the COURT introduced a monitoring procedure for the company, and in January 2020 it declared it bankrupt.

CJSC Agrofirma Lyubimovskaya is a legal entity of a pig farm for 4,000 sows with a capacity of up to 11,000 tons per year in live weight. According to SPARK-Interfax, the company's revenue before bankruptcy in 2018 was 1.01 billion rubles, net profit was 147 million rubles.