The Ukrainian Metal

Russia: Krasniy Octyabr bankruptcy proceedings prolonged

The arbitrary court of the Volgograd region has prolonged the bankruptcy proceedings at the Krasniy Octyabr works from February 10 for 4 months.

Thus, the petition of the proceedings manager Alexander Lyubimenko has been partially met.

He claimed the enterprise received assets valued at 487 billion rubles – 854 ordinary shares.

Now they need to be evaluated and sold. (Ukrainian metal)

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