Damate might rent Eurodon from Rosselkhozbank
27 March 2020
Damate, a Russia-based agroholding, might lease the production sites of a bankrupt Eurodon, which used to be Russia’s second largest poultry producer. After failing to pay back its debts in 2018, the company was declared bankrupt and went under control of its major creditor Vneshekonombank. In the nearest future, ownership over Eurodon’s assets will be transferred to Rosselkhozbank. Back in 2019, the cost of relaunch of Eurodon’s production capacities was estimated at $ 120 million.