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March 01, 2013

IFC METROPOL and SAHO agreed to withdraw from the joint project

The contract for the implementation of crisis management on the part of IFC METROPOL with the Group of Companies "Siberian Agrarian Holding" (SAHO) was signed in December 2012. Against the background of the last crisis, the negative phenomena and high debt loads have trouble holding the responsibility of a full-fledged business. It was planned that the result of crisis management on the part of IFC METROPOL SAHO will restructure its debt to banks and possible further sale of business of the Group of Companies METROPOL. However, in February 2013 the partners made a joint decision to withdraw from the project.

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