The focus of the Kyiv Economic Court has turned to the hotel ‘Salyut’, which was declared bankrupt due to huge debts. This enormous amount – 5.4 billion hryvnias – is the reason the company cannot find a way out of its financial troubles.
The main asset of ‘Salyut’ is its building, which is already planned to be sold at auction. This hotel, located on Ivan Mazepa Street, is known for its 7-story building and 88 rooms and has been in existence since 1984. Recently, financial difficulties at GoPro have also come to light, which may lead to bankruptcy.
The court’s ruling indicates that the situation with the hotel ‘Salyut’ is so complicated that liquidating the company is the only way to save the business from…