Bankruptcy of the Centrobuv company: several shops left in St. Petersburg

At one time, the successful and loud company Centrobuv lost its customers, and therefore a large amount of cash flow. The reason for this was the crisis and the wrong policy of shareholders of this business. The number of Centrobuv stores in St. Petersburg, Moscow and other cities of the Russian Federation and abroad has been greatly reduced.

History of development

Two businessmen, Svetlov and Gurevich, founded the network of shoe stores in 1992. The calculation was made to ensure that the market for shoes cheap goods for the whole family. The company did well, the shoes were sold in large quantities, which contributed to the opening of the Centrobuv stores in St. Petersburg, Moscow, Yekaterinburg and in many cities and towns throughout the Russian Federation.

After seven years of successful business, the company was joined by two investors (once creating the Kopeyka network) Artem Khachatryan and Sergey Lomakin. By selling the "Penny", entrepreneurs decided to invest their money in the already successful "Centrobuv" network for the introduction of innovations and its further development.

In 2011, the network had more than 700 outlets throughout Russia and was considered the most promising and rapidly developing company in the Russian market.

centrobucks in st. petersburg

The company, which traded in cheap shoes for all family members, took a decent overclocking in the wake of the crisis, which befell the world economy a bit earlier.

Revenue grew progressively: from 14.2 billion rubles, which they received in 2009, to 45 billion rubles in 2013.

New Centrobuv stores opened in St. Petersburg, Kaliningrad, Novosibirsk and other Russian cities. There were days in which about twenty stores in different cities of Russia could open.

“Centrobuv” became one of the leaders in the sale of shoes and clothes and, in money terms, had a 6% share of the Russian market.

Stores "Centrobuv" in St. Petersburg, a catalog of goods which are constantly updated with a huge number of budget models for different age categories,opened in many leading shopping centers of the city and received a huge number of customers.

centrobucks in st. petersburg product catalog

Beginning of the crisis

In 2012, one more chain of stores appeared on the Russian footwear market, with low prices - Kari, becoming a serious competitor for the Centrobuv chain.

In addition to external factors that influenced the success of the company, internal ones were also connected - the change of manager, which became Sergey Lomakin. He began to lead sales and began to attract borrowed funds to promote the business and maintain a leading position in the shoe market.

After the onset of another economic world crisis in 2014, the company lost the Polish and Ukrainian markets. Accordingly, the sales volume has fallen, the company began to pay loans with a delay, constantly delays in paying the rent of the premises.

Criminal case against Sergey Lomakin

Another important reason for the bankruptcy of the Centrobuv network was the fact that a huge amount of money was invested in other companies, and was not used for its intended purpose. In 2016, Gazprombank filed a claim against Tsentrobuv for illegal use of credit funds in the amount of eight billion rubles.

Suspicion of illegal actions fell on Sergei Lomakin, against a businessman opened a criminal case.

Bankruptcy recognition

A financial analysis of the company was carried out, and as a result, it was established that the company's solvency cannot be restored, since the debt is more than nineteen billion rubles.

In December 2016, the Moscow Arbitration Court declared the Centrobuv group of companies bankrupt. Lenders did not object to the bankruptcy of the company.

St. Petersburg St. Petersburg on Lenin Prospekt

In March 2017, monitoring was established for two main companies, Tsentrobuv and TsentrO, and all former directors of the company were suspended from their duties.

Now there are a few stores of this network in the northern capital, one of them is “Centrobuv” in St. Petersburg on Leninsky Prospekt, 122.

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