The central manufacturing facility of the bankrupt Cardico-Kardasilaris firm, in Schimatari, appeared once more on the public sale platform after the barren public sale of June 28 with a key distinction, nevertheless, that of the cheaper price.
The manufacturing facility is anticipated to be auctioned, for 7,194,750.00 euros out of 9,593,000 euros.
Η Cardico
Cardico was for a few years the “king” of nuts within the home market. Along with this place, he additionally had extroverted exercise with a presence in 26 international locations together with Britain, France, USA, Argentina, Georgia, Moldova.
The corporate was even listed on the inventory alternate. For about 13 years now, nevertheless, the corporate has been in chapter.
The public sale of the manufacturing facility is maybe the final scene of a superb enterprise story however with a foul ending.
The public sale
The public sale, -with the prompting of the chapter trustee-, considerations the economic complicated along with the electromechanical gear and all different movable issues.
It’s a plot of land with an space of 58,315 sq.m. which is positioned within the Municipal Group of Schimatari of the Municipality of Tanagra in Viotia and particularly within the location “Rachili”, the place a nut processing and peeling business operated.
The economic amenities have a complete space of 26,879 sq.m. of which the principle and auxiliary industrial areas cowl 20,804 sq.m., the principle storage areas 2,313 sq.m. and the supporting amenities 3,720 sq.m. The public sale is anticipated to happen tomorrow, July 26
The “king” of nuts
The corporate’s issues started in 2005 when it had a turnover of 230 million euros and pre-tax income of 12 million euros. Within the years that adopted, Cardico’s figures plummeted and its turnover didn’t exceed 60 million euros in 2010.
The collapse
The collapse of Cardico – Kardasilari was attributed, to a big extent, to the multi-month – greater than 10 months – strike motion within the port of Piraeus as a consequence of reactions to the privatization of the PPA, which disrupted the sleek provide and execution instances of orders.
Additionally the steep decline within the worth of uncooked supplies, because of the oversupply of floor almonds from international locations resembling Turkey, Algeria and Iran, was additionally another excuse for the collapse of Cardico.
Cardico then discovered itself with very costly “closed” contracts, whereas retail costs have been at their nadir.
Added to all this was the financial disaster in Greece, with Cardico already caught within the face of a storm of financial developments, and thus the countdown to the tip of its
The fez
The Cardico firm, in response to the newest record of main debtors of the AADE, has left a sum of 9.5 million euros to the tax authorities and about 4 million euros are the sums to the EFKA.
Supply OT
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