Alfa-Bank intends to submit bankruptcy statements by Alexei Ivashenkov and Ivanko
The co -owner of the Ivanko Group of Companies (Le'murrr and Cats & Dogs retail networks) Alexei Ivashchenkov faced the risk of bankruptcy. Alfa-Bank may apply to the court about the insolvency of the businessman and his company. The financial organization will join the requirements of other creditors who now seek bankruptcy of the two structures of the entrepreneur. The Ivanko Group of Companies faced the background of a multiple reduction in the import of feed and the departure of consumers online.
Alfa-Bank JSC at the end of February announced his intention to appeal to the arbitration court with bankruptcy statements by Alexei Ivashenkov and Ivanko LLC, which is engaged in wholesale trade in feed. Messages about this appeared on the portal « Fedresurs ». “Ivanko” and Mr. Ivashchenkov himself “Kommersant” did not answer. Alfa-Bank explained that Ivanko systematically violates the terms of the loan agreement, and Alexei Ivashchenkov-a participant in the agreement.
Alfa-Bank noticed that bankruptcy proceedings have already been initiated against Ivanko. On February 17, Alpineteh LLC (produces goodies for pets under the Titbit brand), on February 17, was made with a statement of insolvency in the Arbitration Court of St. Petersburg and the Leningrad Region, follows from a file cabinet. On January 23, a bankruptcy statement was registered by another company Mr. Ivashenkov, Kapella LLC. This process is initiated by the Omega Innovation Center LLC (consultant in the field of computer technology). In the « Alpintech », « Omega » and « Capella » did not answer « Kommersant ». Last spring, Alpintech recovered the debt from the Ivanko as part of the failure to fulfill obligations.
Alexey Ivashchenkov is a businessman from St. Petersburg. The Ivanko Group of Companies has been operating in the Zotovar market since 1996. Capella LLC is engaged in the development of the Le'Murrr network, which includes 200 stores in 43 cities of Russia. According to the SPARK, the revenue of Kapella LLC in 2023 amounted to 932.7 million rubles, increasing the year by 29.6%by the year. The loss reached 79.6 million rubles. Omega was engaged in the development and placement of advertising for the “Capella”, recovering 3.6 million rubles last year from the company. Under the concluded agreement, follows from the materials of the court. Le'murrr is not the only retail network of Ivanko Group of Companies, the group also previously developed Cats & Dogs stores.
In Ivanko LLC, Alexei Ivashchenkov owns 92.8% of the shares. The company, according to SPARK, was registered in 2002. Its revenue in 2023 amounted to 2.2 billion rubles, declining by 18.4% a year by the year. Pure loss reached 30.9 million rubles. Ivanko owns the Khvostun cat brand, Hop Life feed and animal cosmetics Le Artis. Ivanko is also engaged in the supply of foreign feed brands 1st Choice, Pronature and Pronature Holistic, Scheesir, Canagan and Picolo, Stazzy.
Oleg Permyakov, partner of the Law Firm Rustam Kurmaev and partners, notes that bankruptcy statements can be considered as an attempt to stimulate counterparties to repay debts. But when the bank comes into business, the situation is complicated. The general director of the Enterprise Legal Solutions Law Firm, Anna Barabash calls banks with a separate category of creditors: their claims are almost always provided with a pledge, form the lion's share of the total debt and are satisfied in priority. If the conflict is not resolved, the bankruptcy procedure may take from six months to two to five years, says Alexander Katkov, partner of the Novator Legal Group. Andrei Ganseev, senior lawyer of Bublikov and Partners, notes that time may be needed to also sell assets.
The problems of the Ivanko Group of Companies could arise due to a sharp decrease in the import of animal feed. The President of the National Association of Zoindustry, Kirill Dmitriev, says that since 2022 his share has declined from 15–20% to 2-5%. This expectedly led to the fall of the number of distributors working with foreign brands, he says. The reduction in supplies, according to the expert, even led to a deficiency of certain types of feed. Active rewinding of buyers to the online segment at the same time led to a reduction in offline points for the sale of zotovars in Russian million-plus cities by 7-12.5% per year (see Kommersant on January 29).
