Russia-Life-Line for meat company.

RUSSIA-MEAT COMPANY SAVED FROM BANKRUPTCY.

Samohval has repaid its debts to OOO Corado Sales and Marketing and OAO Protvino Meat-packing plant.

On February 26, 2009 Samohval repaid the debts of 4.8 mln rubles to OOO Corado Sales and Marketing and 4.6 mln rubles - to OAO Protvino Meat-packing Plant. The lenders withdrew the bankruptcy claims against Samohval from the Arbitration court to Moscow.

According to Dmitry Kuvshinov, President of Samohval Group, the company is going to settle the problems with other lenders and to agree on the debt repayment schedules, the cre.ru website reports.