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ROSTEC'S "DAUGHTER" HAS STARTED ITS BANKRUPTCY

The National Center for Informatization (NCI LLC), which is a subsidiary of the Rostec state Corporation, has begun bankruptcy proceedings. The company's application was submitted to the Moscow Arbitration Court in mid-December (case no. A40-302093/2024). The organization's decision is related to the presence of significant debts to a number of individuals, including ...

"Altai Motor Plant" completes bankruptcy proceedings

... by the Tractor Plants concern from Chuvashia. In 2016, when the concern found itself in serious financial problems, its subsidiaries began to go bankrupt. All organizations working for the state defense order were transferred to the management of the Rostec Corporation. During the bankruptcy, a significant part of the property was sold at auction. Businessman Anton Pereverzev received the building of the Motor Builders Palace of Culture, located on Titova Street, by purchasing the asset for 50.3 million rubles. Part of the buildings,...

ASSETS OF THE LEADING IT-CONTRACTOR OF ROSTEC WILL BE SOLD BY AUCTION

... and OS (Rassvet, Zarya), software for robotics, electronic warfare systems and others. In 2014, five years before the fiftieth anniversary, the research institute was transferred from the subordination of the Ministry of Defense to the ownership of Rostec State Corporation. In 2018, the arbitration court accepted the organization's bankruptcy petition. In the spring of 2019, the employees turned to the President of the country with complaints about the wage arrears (they reached 120 million rubles). And the organization itself ended the year with a loss of $ 800 million. If the ...

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