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How did the Yunost food factory become bankrupt, and who was behind the raider takeover?

Юность
  • Newsroom
  • November 23, 2020
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Raider takeovers of enterprises in St. Petersburg are quite common. This was fully felt by the managers and employees of JSC KSP “Yunost”. The factory, working in the field of social food, became notoriously famous after the poisoning of schoolchildren in the Moscow region. After all, “Yunost” was one of the suppliers of food to the affected schools No. 422. And now, the company was in the “sight” of the raiders.

How did it all start?

According to the general director of the factory, Irina Kopilets, only her enterprise faced problems after the poisoning of schoolchildren, but the rest of the organizations, also involved in this high-profile scandal, are still successfully working in this area. KSP “Yunost”, on the contrary, was specially brought to bankruptcy, in order to then transfer the assets to another owner.

Irina Kopilets said that after she took over as CEO, she carried out thorough checks, which showed numerous cases of theft by the previous owners. The factory was in a critical situation. There was a serious drop in financial performance. By the way, the words of Irina Kopilets were confirmed by the results of several journalistic investigations.

Who is behind the raider takeover?

It is not known for certain who exactly is trying to bankrupt the factory. It is possible that TZB “Petrogradskaya” is behind this. By the way, it is possible that the participation of the former head of the Yunost KSP, Mr. Shchuchkin, was not excluded. After all, when he took over as CEO, the organization began to have serious problems. In particular, in 2018, he entered into a contract for the supply of food to schools in the Moskovsky district of St. Petersburg, but then Yunost, for unknown reasons, withdrew from its obligations. Subsequent litigation and a fine of RUB 21 million were the main reasons for the mill’s financial turmoil.

There must be a few words about the personality of the former general director Shchuchkin. There is information that he is close to the head of the Frunzensky district Konstantin Serov. The latter has rather close ties with the “Petrogradskaya TZB”, which we mentioned above. Serov helped to get lucrative government contracts, getting considerable dividends for his services.

The bankruptcy of the factory will most likely entail holding a tender and transferring Yunost to other owners. With a high degree of probability, the main part of the organization’s assets will receive the Petrogradskaya TZB. After all, it was this company that received the most claims and complaints. Trade House Profit, which will also receive a considerable part of Yunost’s assets, will not stand aside.

What will happen to the enterprise after the capture?

If we conduct a careful analysis of the situation with the bankruptcy of the Yunost factory, we can make a logical conclusion that all the problems of the organization were created artificially, and the main goal is bankruptcy and transfer to another owner. That is, on the face of the “typical” raider scheme. The past CEO deliberately defaulted on his commitments. As a result, the company was fined 21 million rubles, effectively making it bankrupt.

A similar bankruptcy scheme is described by Irina Kopilets, the current general director of Yunost KSP. True, she does not indicate the main characters involved in the attempted raider takeover. Irina does not intend to give up and is going to defend the factory. Here you can recall her recent video message to Russian President Vladimir Putin, in which she tells in detail about all the difficulties that have befallen the enterprise.

Irina Kopilets’ worries are fully justified. Indeed, after the court hearing and the recognition of “Youth” bankrupt, tenders will be held to sell all the property of the organization.

The transfer of the factory to another owner as a result of a raider scheme may negatively affect the nutrition of schoolchildren in the Moskovsky district of St. Petersburg. After all, it is by no means a fact that the new owners will use the enterprise for its intended purpose. The equipment may well be sold or production facilities may be used for other needs.

A separate point is the quality of the supplied food after the transfer of the factory to other owners. It is by no means a fact that it will meet the established standards. And given that high-ranking officials are involved in the raider scheme, they will make sure that even low-quality products successfully pass all checks.

Any organization can face the situation in which the Yunost social catering complex has found itself. It is quite easy to artificially bring an enterprise to bankruptcy. Especially if the general director is interested in this, and high-ranking officials are behind the raider scheme.

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Our aim is to end the practice of individuals and organizations using dirty tricks and force to seize companies without compensation in Russia.

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