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Sunday, September 13, 2009

Intermarket Takes A Bankrupcy

Intermarket retail chain, well known by its Arsen supermarkets, has been accepted as bankrupt by Kharkov Commercial Court. Early the retailer' suppliers reported on UAH 200 mln. bad debt from it. Then Intermarket proved only UAH 145 mln. As a final decision the new owner, Eurotech took responsibility to pay back only 75% of given amount