Yevgeny Prigozhin's Film Company Faces Liquidation After Massive Losses

Aurum Production, Prigozhin's film company, faces liquidation after 253M ruble losses in 2023. Prigozhin's death and management's disappearance leave the company in disarray, raising questions about the future of patriotic filmmaking in Russia.

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Shivani Chauhan
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Yevgeny Prigozhin's Film Company Faces Liquidation After Massive Losses

Yevgeny Prigozhin's Film Company Faces Liquidation After Massive Losses

Aurum Production, the film company owned by the late Yevgeny Prigozhin, is facing liquidation after incurring losses of 253 million rubles in 2023. Known for producing patriotic films such as "Best in Hell" and "Shugaley-3", the company's future is now uncertain following Prigozhin's death.

According to reports, the current management of Aurum Production has disappeared, leaving the company in a state of disarray. Prigozhin's 49% share in the company remains unclaimed since his passing, further complicating the situation.

Aurum Production had gained a reputation for its patriotic films that aligned with Prigozhin's political views. However, the substantial financial losses in 2023 have put the company on the verge of collapse.

Why this matters: The potential liquidation of Aurum Production highlights the impact of Prigozhin's death on his business ventures. It also raises questions about the future of patriotic filmmaking in Russia and the void left by Prigozhin's absence.

The fate of Aurum Production remains uncertain as the company struggles with significant financial losses and a leadership vacuum. With Prigozhin's share unclaimed and the current management missing, the once-prominent film company faces a challenging path to survival.

Key Takeaways

  • Aurum Production, Prigozhin's film company, faces liquidation after 253M ruble losses in 2023.
  • Prigozhin's death has left the company in disarray, with management missing and his share unclaimed.
  • Aurum Production was known for producing patriotic films aligned with Prigozhin's political views.
  • The potential liquidation highlights the impact of Prigozhin's death on his business ventures.
  • The future of patriotic filmmaking in Russia is uncertain without Prigozhin's presence.