When Central European Distribution Corporation confirmed yesterday (7 April) that it is set to file for bankruptcy in a US court, it marked a new low for the company whose crippling debts will likely see it become wholly-owned by one of its main competitors, Russian Standard.
Comment – CEDC Pays Price for Past Debts
When Central European Distribution Corporation confirmed yesterday (7 April) that it is set to file for bankruptcy in a US court, it marked a new low for the company whose crippling debts will likely see it become wholly-owned by one of its main competitors, Russian Standard.