Home / Business / A Plan for Rehabilitation to be Submitted to Marshe Creditors
A Plan for Rehabilitation to be Submitted to Marshe Creditors

A Plan for Rehabilitation to be Submitted to Marshe Creditors

Rehabilitation Manager of convince foods producer company “Marshe” submitted a plan for rehabilitation.

Giorgi Gvalia, who has been elected as rehabilitation Manager in April of previous year, will submit a plan for rehabilitation, prepared jointly with “Goodwill” and “Grand” to the creditors on March 31. Improving of the company is dependent on their decision.

Delayed proposals submitted by the creditors should be discussed at the meeting. The session will be held at Tbilisi City Court on March 31 at 15: 00. Debt of “Marshe” had been over 13 million. However as of August 31, 2013, LLC “Marshe” had accounts payable of over 32 341 087 GEL.

It should be noted, that investment of 30 million USD had been implemented in the centralized production of “Marshe”. About 300 ranges of products are produced in the company: fish, sausages, convince foods and bread.