The collapse of the Kampol-Fruit processing plant devastated hundreds of farmers. According to “Fakt”, the company is worth over PLN 200 million. This was not enough for the company to find a new buyer – despite two sales attempts. Now the trustee changes his strategy and intends to sell the plants separately.
See also: The Polish food giant declares bankruptcy
The Kampol-Fruit company is a family company established in 1992 in Biała Rawska.. For years, farmers supplied their fruit and the company prospered.
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As reported by “Fakt”, the problems began in December 2022, when farmers did not receive payment for vegetables and fruit. Their protests led to the intervention of the Ministry of Agriculture and the then Deputy Prime Minister Henryk Kowalczyk notifying the prosecutor's office. The investigation revealed large-scale fraud.
A large processing plant went bankrupt. Farmers lost millions
According to the findings of “Fakt”, the then the company's president, Piotr F., was charged with 35 charges of extorting almost PLN 10 million. The prosecutor's findings showed that the president intentionally misled farmers. He was supposed to hide the company's disastrous financial situation. The prosecutor's office wanted to bring charges that could result in the president facing up to 8 years in prison.
Marek Zych, spokesman for the District Prosecutor's Office in Lublin, confirmed in an interview with “Fakt” that the proceedings against the president are still ongoing.
See also: A well-known bakery chain goes bankrupt after 40 years of operation. What about the hundreds of employees?
The situation is extremely unfavorable for farmers who supplied their products, because the company still exists and still generates profits. Over the last seven months, as much as PLN 7 million in profit was generated.
The Polish food giant is going bankrupt. Although it generates profits, debts drag the company to the bottom
Despite the mentioned profits, the company is not attractive to potential buyers due to its huge financial liabilities. The company's debts amount to as much as PLN 250 million.
According to the findings of “Fakt”, the trustee Agnieszka Biała decided to divide the company and sell the plants in Milejów and Ryki separately.
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The new strategy is intended to increase the chances of finding investors. Moreover, the trustee ensures that the new owner will not take over the old debts.
The bankruptcy of Kampol-Fruit affected hundreds of farmers who did not receive payment for the delivered products. The company employs over 230 people and its future remains uncertain.
