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Yelabuga Development Assistance Fund went bankrupt over fireworks

... was taken by the republican arbitration on the claim of the ‘Laser City 96’ company. A company specializing in pyrotechnics did not receive about a million rubles. The amount was promised for hosting a holiday show in 2019. Then, during the Day of Tatarstan, the VI International Pyrotechnics Festival under the name ‘Poetry of Fire. Elabuga-2019’ was held in the region. The contractor for the organization of fireworks was a creditor company. The contract concluded with the company provided for payment by the end of 2019, however, in fact, the Fund paid only a tenth of the amount (about 100 thousand). The firm turned to the arbitration of the Sverdlovsk region,...

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