Hotel 'Salyut' in Kyiv declared bankrupt: building to be sold for 5.4 billion UAH.

The focus of the Kyiv Economic Court has turned to the hotel 'Salyut', which was declared bankrupt due to huge debts. This enormous amount - 5.4 billion hryvnias - is the reason the company cannot find a way out of its financial troubles.

The main asset of 'Salyut' is its building, which is already planned to be sold at auction. This hotel, located on Ivan Mazepa Street, is known for its 7-story building and 88 rooms and has been in existence since 1984. Recently, financial difficulties at GoPro have also come to light, which may lead to bankruptcy.

The court's ruling indicates that the situation with the hotel 'Salyut' is so complicated that liquidating the company is the only way to save the business from complete decline.

Hotel 'Salyut' is just one example of how financial turbulence can lead to the bankruptcy of large companies. Such situations serve as a warning for other Ukrainian enterprises about the necessity to take care of their financial resources and avoid debts that exceed their financial capabilities.