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Bryansk plant files for bankruptcy of battle-tank maker Uralvagonzavod

10:20 16/11/2016

MOSCOW, November 16 (RAPSI) – Bryansk plant for absorbing apparats has filed a bankruptcy claim with a commercial court in Sverdlovsk Region against battle-tank maker Uralvagonzavod, according to court records. 

Date of hearings has not been set yet.

In November, the court stopped proceedings in Alfa-Bank’s bankruptcy petition against Uralvagonzavod after sides reached agreement in October. Debts of the corporation and its subsidiaries are to be paid through the use of credit funds provided by Gazprombank, one of the key partners of Uralvagonzavod.

In September, the Central Boiler and Turbine Institution (CKTI) also filed a bankruptcy petition against Uralvagonzavod.

In June, the court also registered a bankruptcy petition against the corporation lodged by the “Barnaul Forge and Press Plant”.

On May 20, Alfa Bank announced that Uralvagonzavod’s debt before the bank reaches 10.5 billion rubles ($161 million) and additional $72.2 million. The total amount of arrears is estimated at $52.3 million.

Alfa Bank filed a similar petition against the “Ural Plant of Transport Engineering”, the corporation’s subsidiary.

Uralvagonzavod is heading the integrated structure that unites around 40 industrial enterprises, research centers and construction bureaus in Russia and Europe. It is among TOP-100 largest military-industrial corporations of the world.

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Bryansk plant files for bankruptcy of battle-tank maker Uralvagonzavod

10:20 16/11/2016 Bryansk plant for absorbing apparats has filed a bankruptcy claim with a commercial court in Sverdlovsk Region against battle-tank maker Uralvagonzavod.
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