PRESS: Agricultural holding Belaya Ptitsa put up for sale

MOSCOW, Apr 25 (PRIME) -- The assets of Russian agricultural holding Belaya Ptitsa have been put up for sale, and holding Akashevo, based in the republic of Mari El, is interested in the business, Kommersant business daily reported Wednesday citing sources.

Belaya Ptitsa and Akashevo declined to comment.

Promsvyaz Capital B. V., earlier managed by former owners of Promsvyazbank Dmitry and Alexei Ananyev, is believed to be the owner of Belaya Ptitsa.

Due to the introduction of an interim administration at Promsvyazbank, lending to Belaya Ptitsa enterprises was ceased, and the holding reduced production volumes and staff.

Albert Davleyev, president of Agrifood Strategies, estimated Belaya Ptitsa at around 23 billion rubles without debts.

(61.6644 rubles – U.S. $1)

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