BANKRUPTCY OF A LARGE CONSTRUCTION CONTRACTOR HAS BEEN INITIATED IN THE SAMARA REGION

BANKRUPTCY OF A LARGE CONSTRUCTION CONTRACTOR HAS BEEN INITIATED IN THE SAMARA REGION

BANKRUPTCY OF A LARGE CONSTRUCTION CONTRACTOR HAS BEEN INITIATED IN THE SAMARA REGION
Samarastroyalyans Company (LLC "SSA") is indicated by the defendant in the bankruptcy application filed on December 8, 2022 to the Samara arbitration. The initiator of the process is the Alfstroyproject company. The amount of the claim is about 560 thousand rubles. However, according to experts, even a not very significant amount can trigger a wave of claims from counterparties who have actively appealed to the court over the past two years.

At the end of 2017, the company separated from the IC "Euroalliance". She was a major government contractor who received contracts worth 5 billion rubles over the years. The owner of the company, Eugene Wagner, was convicted of fraud. The assets were transferred to the "SSA", leaving the creditors with only the name and empty guarantees for the concluded state contracts.

In four years of operation (from 2018 to 2021), SSA was able to participate in 38 tenders, winning 32 contracts for a total of 3 billion rubles. Turnover in a couple of years increased from 4.4 to 919.3 million. In 2021 , the company received government orders for 1.17 billion.

The main counterparty remained the city of Togliatti, where the company was engaged in the repair of the track, the construction of an athletics arena and a number of other projects worth over 1 billion. The company was also present in other projects in the Samara region. But since 2021, the firm has not received any contracts and has engaged in reorganization.

Two organizations (Remdorstroy and Altstroy) were separated from the company "SSA". The co-owners (Sergey Konovalov and Alexander Koloshnikov) decided to split the business. The main share in Altstroy (75%) went to Konovalov, and the remaining part (25%) went to Koloshnikov. At Remdorstroy, the latter became the sole beneficiary. The Altstroy company was headed by Andrey Begimov in October 2022.

It is noted that the FSA refused several contracts in 2022. At the same time, experts note, the results of business restructuring may be revised if the bankruptcy process is given a go. Moreover, the regional prosecutor's office appealed to the company with claims.

Representatives of the firm "Bolivar" from St. Petersburg and "Techinservice" have already announced plans to proceed with the bankruptcy of "SSA". The first acted as a subcontractor under a contract for 14.5 million, organizing installation and commissioning for the athletics arena in Togliatti. As a result, she received only half of the amount (7.4 million) for her work. Techinservice participated in the construction of the kindergarten, having collected 8 million rubles from the SSA in October.

Photo: Freepik

14.12.2022