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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 ...

MECHEL COMPANY IS ON THE VERGE OF BANKRUPTCY

... than 20 enterprises, announced that it was unable to pay off billions of dollars in debt. According to a report released by the holding, the debt to creditors amounted... ... of Mechel is tycoon Igor Zyuzin, whose family owns 51.54% of the holding's shares. Gazprombank owns another 5.45% of the company's shares. The remaining assets are in... ... 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...

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