Property of meat factory confiscated for debts in Dagestan’s Kizlyar

The property of the Kizlyar Meat Factory worth over 120 million was confiscated in Dagestan, RIA Dagestan reports.

This includes the administrative building of the factory and over 10 non-residential buildings. The sum owed to Sberbank exceeded 25 million rubles. The meat factory was the pawn for the loan.