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Raiffeisen, UniCredit Bank seek to recover Ros real estate in defaulted mortgage
Journal Staff Report

KYIV, Oct 9 A syndicate of banks consisting of Raiffeisen Bank International AG, UniCredit Bank Austria AG and Raiffeisen Bank filed a claim to the business court of Kyiv seeking the recovery of the real estate and movable property of private enterprise Ros (a subsidiary of the Milkiland Group) mortgaged to the lenders in September 2012.

According to a report of Milkiland N.V. on the Warsaw Stock Exchange (WSE), the company also received another 12 court claims of the same nature from Raiffeisen Bank International AG against other five Ukrainian subsidiaries of Milkiland Group, including, DE Agrolite, PE CF Prometey, PJSC Chernihiv milk plant, DE Aromat, LLC Malka-trans, which were addressed to the economic courts related to the destination of the defendants, in particular, economic courts of Chernihiv, Dnipropetrovsk, Khmelnytsky and Sumy regions of Ukraine.




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