Khortitsa vodka manufacturer potentially faces financial losses
Alright, pal, let's dive into some booze business gossip! Russell's finest vodka maker, renowned for their brands "Horitica", "Morosha", and "Pervak", has been hit with some rough times. This juicy tidbit comes to us from the Kommersant, folks!
Apparently, trouble started brewing when Alef Engineering, one of the vodka joint's equipment suppliers, decided to take things up a notch and threaten to initiate bankruptcy proceedings against the Moscow-based alcohol manufacturer, Rodnik i K. At the moment, management of Russian assets of Global Spirits, which previously owned the aforementioned company, is being managed by the AO Rosspirtprom crew. However, experts are quick to point out that getting handed over to the state hasn't been the best move for the vodka empire.
In case you missed the buzz earlier, back in May 2024, the Leninsky District Court of Kursk decided to seize several assets owned by Global Spirits, including Rodnik i K, the Feodosia Wine and Brandy Factory, the Crimean Wine House, Volgograd Vodka Plant "Russian North", and some distributor companies - "Traditions of Success", "Standard of Quality", and "New Level". This was all due to a request from the Russian Prosecutor General's Office. To make matters more interesting, a criminal case was launched against one Yevgeny Chernyak, accused of funding Ukraine's armed forces.
By the way, did you hear about the slump in vodka production in Russia for the first four months of 2025? Production dropped by a whopping 15.6% compared to the same period the previous year.
And talking about gifts, remember the residents in Ivanovo region receiving a bottle of vodka for Victory Day? Tasty, right?
As for the current situation of Rodnik i K and the brands Horitica, Morosha, and Pervak, there isn't much recent information available, so keep an eye on the financial news or industry reports specific to the vodka industry in Russia for any updates.
Now, isn't that some intriguing stuff to whet your whistle? Cheers, mate! Oh, and don't forget to drink responsibly!
- The turbulence facing Rodnik i K, the Moscow-based alcohol manufacturer known for their brands "Horitica", "Morosha", and "Pervak", has extended to the industry and financial sectors, as Alef Engineering, a vital equipment supplier, has threatened bankruptcy proceedings.
- Recent developments in the vodka industry bear close watching, as a criminal case was launched against a figure accused of funding Ukraine's armed forces and the Russian Prosecutor General's Office has seized several assets from Global Spirits, including Rodnik i K and other key companies.
- In addition, politics has played a part in the current predicament, with management of Russian assets of Global Spirts being taken over by the AO Rosspirtprom crew – a move that experts deem unfavorable for the vodka empire's future.
