RusBankrot
We know everything about bankruptcy
24/11/2024
Sunday
THIS DAY IN HISTORY:
24 November 
1970 The United States and the USSR ratified the nuclear non-proliferation treaty.
1970 The Central Committee of CPSU restored the national autonomy of the Kalmyks, Karachais, Balkars, Chechens and Ingush.
1970 Charles Darwin published The Origin of Species - the first edition was sold out in a day.
24 November
1970 The United States and the USSR ratified the nuclear non-proliferation treaty.
1970 The Central Committee of CPSU restored the national autonomy of the Kalmyks, Karachais, Balkars, Chechens and Ingush.
1970 Charles Darwin published The Origin of Species - the first edition was sold out in a day.
PRESS DISTRIBUTORS GO BANKRUPT IN RUSSIA
On August 19, the bankruptcy (observation) procedure was introduced by the arbitration court of St. Petersburg for another federal company engaged in the distribution of the printed press. This time it was Metropress, which held a leading position in the Northwest market.
According to experts, the closure of this type of companies is a natural process for the Russian market. It is very similar to what has already happened in the EU countries. The reason for the bankruptcy of distributors of newspapers and magazines is the fall in demand, the unprofitability of a significant part of the trading areas and the general economic instability that arose as a result of the pandemic. However, publishers are worried about what is happening.
The debt to Trust arose due to the bankruptcy of another large distributor, Aria-AiF, in 2019. The company took a loan from the bank, for which Metropress became a surety. However, it will be difficult for Trust to return it in full.
The company's assets for the past year, according to the analysts' calculations, do not exceed 1.415 billion rubles. At the same time, about 833 million rubles are accounts receivable, which are unlikely to be collected from counterparties. Another 377 million are short-term financial investments, the liquidity of which also raises questions.
According to experts, the closure of this type of companies is a natural process for the Russian market. It is very similar to what has already happened in the EU countries. The reason for the bankruptcy of distributors of newspapers and magazines is the fall in demand, the unprofitability of a significant part of the trading areas and the general economic instability that arose as a result of the pandemic. However, publishers are worried about what is happening.
The Metropress bankruptcy was initiated by the entrepreneur Maxim Krivonosov.
The basis was a debt of 311 thousand rubles. Earlier, Trust Bank demanded a payment of the debt of 2.42 billion rubles from the company. Taking this into account, experts expressed the opinion that the company itself could have contributed to the bankruptcy, hoping to take the process under its control.The debt to Trust arose due to the bankruptcy of another large distributor, Aria-AiF, in 2019. The company took a loan from the bank, for which Metropress became a surety. However, it will be difficult for Trust to return it in full.
The company's assets for the past year, according to the analysts' calculations, do not exceed 1.415 billion rubles. At the same time, about 833 million rubles are accounts receivable, which are unlikely to be collected from counterparties. Another 377 million are short-term financial investments, the liquidity of which also raises questions.
According to open data, the owner of Metropress is the Cypriot offshore company Ruselmo Enterprises.
Until recently, it was associated with the assets of the Ananyev brothers (they are accused of embezzling more than 100 billion rubles). However, after the insolvency of Aria-AiF, according to information from insiders, the assets were transferred to another person. 31.08.2021
