KIEV, April 20 - Russia's Bank Vozrozhdenie on March 28, 2017 filed a bankruptcy petition to Arbitrage Court of the City of Moscow against JSC Ostankino Dairy (Moscow), part of Milkiland Group with assets in Ukraine, Russia and Poland.

According to a posting of Milkiland on the website of the Warsaw Stock Exchange (WSE) on Wednesday, the bankruptcy petition was initiated due to inability of Ostankino to repay the indebtedness to the creditor in the total amount of 309.2 million of Russian rubles (EUR 5.13 million).