Neryungri Poultry Farm faces renewed bankruptcy over decade-old debts
Neryungri Poultry Farm JSC, declared insolvent in January 2021, is once again facing bankruptcy proceedings. The case had briefly closed in March 2023 after a settlement, but recent legal moves have reignited the process. A new petition now seeks to recover over 24 million rubles in unpaid debts dating back over a decade. The company's financial troubles began years ago, culminating in its insolvency declaration on January 13, 2021. Liquidation proceedings followed shortly after. By March 2023, a settlement agreement had temporarily resolved the bankruptcy case, allowing it to close.
That resolution did not last. On February 9, 2026, the settlement was terminated, forcing the bankruptcy proceedings to resume. The latest development came on March 11, 2026, when the Arbitration Court of the Republic of Sakha (Yakutia) accepted a petition. This petition aims to include 24.3 million rubles in the creditors' register. The debt traces back to unpaid dividends from 2012, 2013, and 2014. Additional interest for the use of another party's funds has also accumulated. No updates on the company's economic or production status have been reported since its insolvency declaration in 2021.
The reopened bankruptcy case now centres on recovering long-standing debts owed to the republican budget of Sakha (Yakutia). With no recent financial or operational details available, the outcome of these proceedings remains uncertain. The court's decision on the 24-million-ruble claim will determine the next steps for the troubled company.
