The Ukrainian Metal

Russia: metal trader bankrupting machine-builder

The Volgograd-based Spetsmetall-Volga has filed a claim to the Arbitrary Court of the Volgograd district asking to declare the Volgograd machine-building company VgTZ LLC insolvent.

Because of the large debt the company, which is a part of the Tractor Works concern, could be declared bankrupt by the court.

The debt amounts to 1 million rubles.

Spetsmetall-Volga has been trading in metal since 2013. (Ukrainian metal)

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