The Odesa Regional Commercial Court opened bankruptcy proceedings against Ukraine’s largest tobacco distributor, Tedis Ukraine. According to a court release dated April 3, the case was initiated by Accord Gold LLC due to an unpaid debt of Hr.38,1 million ($845,800). According to court materials, Tedis Ukraine (formerly Megapolis-Ukraine) admitted the debt in full and stated that it had effectively ceased operations, citing insufficient funds to meet its financial obligations. JOIN US ON