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Wednesday 16.01.2019 | Name days: Lida, Lidija
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HND Grupa design company, involved in Zolitude tragery, declared insolvent

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUBuilding engineer Ivars Sergets company HND Grupa, which was involved in the case revolving around the Maxima supermarket that collapsed in Zolitude, killing 54, not five years ago, has been declared insolvent, as reported by Latvijas Avīze.

The court made its decision 6 August. Sanda Kraukle has been appointed as the company’s insolvency administrator. She is better known for representing interests of multiple creditors in Liepājas metalurgs’ insolvency case.

The newspaper notes that the insolvency administrator will have to deal with smaller amounts than she did with LM. This is because, according to Lursoft data, the company’s largest creditor is the State Revenue Service, as HND Grupa’s tax debts were EUR 89,459 at the beginning of September.

Lawyers interviewed by Latvijas Avīze about the chances of relatives of victims who died in the tragedy to receive monetary compensation now that HND Grupa has been declared insolvent voiced generally different opinions. Nevertheless, all of them agreed that for three years now this company has had almost no economic activity.

This means that even if this company and others involved in the case were to have their property confiscated to pay compensations, HND Grupa’s entire property would not be worth much, meaning compensation amounts would be insignificant. This means this company’s insolvency process will not mean much for victims in Zolitude tragedy case.

As it is known, HND Grupa’s sole owner Ivars Sergets is one of the accused in the criminal case of Zolitude tragedy. His owned company was responsible for the design of the support structure of Maxima supermarket, which failed to hold up the weight of the roof, causing a collapse that killed 54 people.


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