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DZERZHINSK DESIGN INSTITUTE WAS DECLARED INSOLVENT

JSC NIIK, the largest organization in Russia designing chemical production, has become bankrupt. The Nizhny Novgorod Arbitration Court made the decision on case No. A43-26549/2021 on November 16, 2022. Bankruptcy ... ... existed since 1952. Surveillance at the enterprise was introduced in 2021. The largest creditors were Russian banks (Sberbank, VTB, Rosselkhoznadzor), demanding millions of rubles from the company. The debt to Sberbank amounted to 1 billion. The organization ...

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