VEB has filed for bankruptcy GTC for 68,5 billion rubles
VEB has filed a bankruptcy petition of concern “tractor factories” (KTZ), the amount of the claim is 68.5 billion rubles, follows from the filing of arbitration cases.
The application for recognition of a debtor – LLC “Company corporate governance “concern tractor plants”- the bankrupt (articles 224 APK, article. 4, 6, 7, 8, 37, 39, 41, 182, 203 other FZ On insolvency)” is registered in the record of October 23. As the court of first instance of the specified arbitration court of the Chuvash Republic.Military assets GTC can remain in the structure of Rostec, said the Director
EBV in early October announced its intention to submit to the court a bankruptcy petition of concern “tractor plants”, “Kurgan” and a number of other group companies.
In late September, the head of “Rosteh” (head of the military division of the GTC) Sergey Chemezov said that the GTC should be to bankrupt, its financial health will not help because it is impractical. As the newspaper “Kommersant” reported that VEB, the management admitted the failure of debt restructuring plan of the group.