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"Republic" book store chain received the status of bankrupt

... was declared insolvent. The decision on this was made on March 29 by the Moscow arbitration after the bookselling organization went through the monitoring procedure (since April 2021). We should recall that the chain itself became the initiator of bankruptcy in 2020 - debts to creditors exceeded 800 million rubles. At the end of October 2020, Rusbankrot wrote about the network's plans to file a lawsuit for insolvency. By that time, having worked in Russia for about 14 years, "Republic" managed to open bookstores ...

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