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BASHKIRIA RECOVERED INDUSTRIAL ASSETS FROM EX-GAZPROM CEO

... economy. The prosecutors stressed that the impossibility of immediate execution of the decision would lead to the possible bankruptcy of enterprises and disruption of normal business activities. At the same time, employees of organizations may be left ... ... Prosecutor General's Office filed a lawsuit in January last year. It was alleged that the businessman, when he held the post of Gazprom Energy, as well as participating in various management bodies of Gazprom's subsidiaries, illegally seized a number of ...

GAZPROM EXPORT IS SUING THE DUTCH BBL COMPANY

On April 5, 2024, Gazprom Export from St. Petersburg filed an arbitration claim against the Dutch company BBL Company V.O.F. (case no.A56-33194/2024). The amount of the claim and other details of the case are not provided. BBL was established in 2004. It is the operator ...

GAZPROM INITIATED LITIGATION WITH POLISH COMPANIES

The Arbitration Court in St. Petersburg accepted Gazprom's claim against four foreign enterprises. The application was received on March 4, 2024. Two days later, Judge Svetlana Saltykova issued a ruling on the case (No. A56-20124/2024), scheduling the trial for April 10, 2024. The amount of the claims ...

Nord Stream II preparing for bankruptcy

... of the company, Matthias Warnig. In the first days of March 2022, Rusbankrot already published a message about the possible bankruptcy of the company, but the company itself then publicly denied rumors of insolvency. At the same time, the company's management ... ... staff (106 employees). The project was actually ready to be launched on December 29, 2021. This was reported by the head of the Gazprom Сompany, which owns the pipeline. Due to the project, in which the largest concerns of the energy and oil market (Shell,...

Corporate contractor of the ’South Stream’ project is driven to bankruptcy for the second time

... International’ due to rental debt for the period from July 2017 to February 2018. On August 20, 2018, the arbitration ordered to pay the plaintiff 14.2 million rubles, including about 600 thousand of penalties (case No. A40-95005/18-37-587). Whether the current bankruptcy claim is related to this case is unknown. As noted by the @ruarbitr Telegram channel, the case of ‘O.M.A. International’ draws attention to some peculiarities. In particular, the organization's ties with the Gazprom company. Now the owners of the company are two offshore organizations. However, earlier the business was owned by the bankrupt company Promstroy. It was run by Maxim Fenin, a close partner of Ivan Sibirev (who was for some time the head of Gazstroyprom,...

MECHEL COMPANY IS ON THE VERGE OF BANKRUPTCY

... the situation turned out to be more favorable for the company. In 2020, having entered into lucrative agreements with VTB and Gazprombank, the company restructured a significant part of its debt, extending the payment deadlines until March 2027 (with the ... ... the Elga coal deposit. By the summer of 2020, Mechel managed to deal with 88% of its debt obligations. Experts note that the bankruptcy of the Mechel holding in the current situation is disadvantageous to foreign creditors, including BNP Paribas and UniCredit....

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