One of the major metal enterprises of the Orenburg region – Svetly Ferronickel Works – is undergoing bankruptcy procedure.
The bankruptcy claim was filed in October 2018. In three months the number of creditors has grown considerably, and the claims to the company increased from 350 thousand rubles to 825 million.
The largest debt of the company is to the Absolut Bank – over 787 million rubles.
The bankruptcy decision might be taken by the court in May. (Ukrainian metal)