Creditor files bankruptcy motion against Kama Foods

The bankruptcy office Cash Flow has filed a bankruptcy motion against Kama Foods in a Warsaw regional court. Kama is a producer of margarine and edible oils. Emma Budzisz from Kama's marketing department refused to comment on Cash Flow's decision saying only that Kama's problems are temporary. Kama wants to change its strategy to augment the production of edible oils and withdraw from the retail sale of margarine. It is currently in talks with Unilever Polska concerning the sale of its brands: Kama and Znakomita. Other creditors include Siebert Head, IQS & Quant Group and the Union of Agriculture Producers in Glubczyce. Cash Flow accuses Kama of cheating its creditors and drawing money from debts. (Puls Biznesu, page 5)