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Yelabuga Development Assistance Fund went bankrupt over fireworks

... non-profit organization founded in December 2015 in Yelabuga (Republic of Tatarstan) was declared insolvent. The decision on the bankruptcy of the Fund, created to optimize the living conditions of the population of the municipality, was taken by the republican ... ... 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 ...

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