Brief
On March 12 the Kyiv Commercial Court officially declared bankrupt the general contractor of the Podilskyi Bridge construction — LLC “Eko‑Bud‑Trade.” The court stated the enterprise’s critical insolvency and the absence of assets capable of covering its debts.
“The company’s financial condition is characterized by signs of critical insolvency. No assets of the debtor have been found that could be used to repay the existing debt to creditors, no proposals for the debtor’s rehabilitation have been received, and there is no internal financial capacity to restore solvency.”
— Ruling of the Kyiv Commercial Court
What exactly the general contractor owes
According to the court ruling, the total debt to creditors exceeds UAH 3…