Processing

Russia’s largest fish processing plant on the verge of bankruptcy after defaulting on $60 million loan

The plant has struggled with sanction-related losses, as well as pandemic-era problems.

Sberbank, which owns a 40-percent share of the ROK No.1’s debt, refused to allow the company to restructure the debt.
Sberbank, which owns a 40-percent share of the ROK No.1’s debt, refused to allow the company to restructure the debt.Photo: Seafish
RussiaUkraine crisisGroundfishBankruptciesAlaska pollock
Published 24 October 2022, 17:43Updated 24 October 2022, 17:48