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25-11-2009 15:27 Azovcable bankruptcy procedure launched
The Economic Court of Zaporizhzhia region has launched the bankruptcy procedure for OJSC Azovcable, the enterprise said in a statement.
The case was opened at the request of the Pension Fund of Berdiansk in connection with the plant's impossibility to meet financial liabilities to its creditor in the amount of over UAH 1.244 million (UAH 7.99 / USD 1). Azovcable is one of the leading producers of cables and conductors in Ukraine.
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