Rosselkhozbank conveys Evrodon's obligations to a profile investor

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Rosselkhozbank conveys Evrodon's obligations to a profile investor 5063_1

Eurodon Group of Companies includes Evrodon LLC, Evrodon-South LLC and Ursdon LLC - the owners of the turkey meat complex in the Rostov region.

Due to management errors and violations of the main technology of the enterprise, the enterprise lost solvency and in 2019 - early 2020 were recognized by bankrupt with debt to the GKR "VEB.RF" in the amount of more than 30 billion rubles. In 2020, the subsidiary of Rosselkhozbank - Loman 2 LLC - bought demands on the obligations of the Eurodon Group of Companies.

"In the event of Evrodon's assets, we immediately approached the search for a reliable investor. Together with the Damate group, we have implemented a number of large projects, including restarting in 2020 in the country in the country in the country of industrial production of duck meat - Donstar LLC, whose production facilities are technologically and geographically related to the turkey production complex. We are confident that the transfer of rights to Evrodon's obligations in favor of the Damate Group will contribute to the development of the industry and restoring the activities of a high-tech, export-oriented enterprise. But the most important thing is the operating complex for the production of turkey meat will provide the work of 2.5 thousand people, "the first deputy chairman of the Board of Roselkhozbank Cyril Lewin commented.

The restoration, development and formation of working capital of a complex for the production of meat of turkey meat Rosselkhozbank will provide additional funding to the Damate group.

The production complex in the Rostov region has a capacity of 70 thousand tons of turkey meat per year with a prospect of an increase of up to 130 thousand tons and the capabilities of the full technological process: from incubating an egg to deep processing.

The complex specializes in the cultivation of turkey of heavy meat crosses (the average weight of the turkey's male is 21 kg, females - 10 kg). The product range included about 170 items, including semi-finished products, sausages and meat delicacies.

(Source: Department of Public Relations and Marketing Communications of Rosselkhozbank JSC).

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