▁Its ▁sugar ▁fact ories ▁are ▁located ▁in ▁Pl aty , ▁Ser res , ▁Or esti ada , ▁Lar issa , ▁X anth i ▁and ▁is ▁the ▁only ▁share holder ▁of ▁two ▁sugar ▁fact ories ▁in ▁Ser bia . ▁▁ ▁Due ▁to ▁financial ▁difficulties ▁experienced ▁during ▁the ▁crisis ▁the ▁Board ▁of ▁Direct ors ▁was ▁planning ▁to ▁sell ▁the ▁two ▁fact ories ▁in ▁Ser bia ▁in ▁order ▁to ▁compens ate ▁for ▁the ▁rising ▁deb t , ▁but ▁eventually ▁this ▁plan ▁was ▁called ▁off .. ▁In ▁ 2 0 1 8 , ▁H SI ' s ▁li abilities ▁had ▁ris en ▁to ▁€ 2 4 6 , 6 ▁million . ▁During ▁the ▁crisis , ▁under ▁the ▁face ▁of ▁cum ulative ▁bur den ▁and ▁negative ▁equ ity ▁to ▁request ▁protection ▁from ▁credit ors ▁H SI ▁is ▁currently ▁under ▁the ▁management ▁of ▁special ▁liquid ator ▁P Q H , ▁which ▁has ▁already ▁held ▁three ▁failed ▁tend ers ▁to ▁sell ▁it . ▁In ▁an ▁effort ▁to ▁tack le ▁high ▁costs , ▁the ▁Greek ▁state ▁tried ▁to ▁switch ▁production ▁of ▁expensive ▁sugar c ane ▁produ cers ▁towards ▁che aper ▁sell ers , ▁while ▁subs id izing ▁those ▁who ▁introduce ▁che aper ▁methods ▁of ▁sugar c ane ▁agricult ure . ▁▁ ▁At ▁the ▁moment , ▁P ira eus ▁Bank , ▁which ▁is ▁the ▁biggest ▁cred itor ▁of ▁H SI , ▁is ▁press uring ▁the ▁state ▁to ▁sell ▁H SI ▁in ▁order ▁to ▁rest ruct ure ▁its ▁deb t ., ▁with ▁potential ▁invest or ▁being ▁the ▁In nov ation ▁Bra in ▁Fund