The Economic Court of the Vitebsk region ruled bankruptcy with liquidation of "Vitebsk winery" (JSC "VitVin"), the judge said Anatoly Gureev.

After joining the court verdict into force anti-crisis manager must begin repayment of the stated claims of creditors in the amount of almost 28.6 billion rubles from the sale of property companies. Of the total amount, about 60% are debts on taxes and other obligatory payments to the budget, another 14% is bank debt. Among the nearly fifty creditors - the tax authorities, financial institutions and business entities. The value of assets in bankruptcy is estimated at nearly 40 billion rubles. Liquidation proceedings to be completed in June 2016.

The proceedings of economic insolvency (bankruptcy) plant opened in late November 2014 at the initiative of the debtor. The main shareholder of "VitVin" Vitebsk city executive committee, the management of which are 68.33% of the shares, supported the decision, considers it inappropriate to further pre-trial rehabilitation producer. At the end of the protection period on the basis of the analysis of financial and economic activity of the enterprise court in March 2015 decided to open bankruptcy proceedings in respect of. Since that time the company stopped production.

The company was founded in the early 1930s, in January 2002, on the basis of the property complex of created "VitVin". Specializing in the production of cider and other fruit wines, as well as the issue of tea and coffee. Now the plant works 74 people, 6 of which specialists are on leave for child care.

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