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THEY ARE TRYING TO DECLARE A CONSTRUCTION CONTRACTOR FROM TAMBOV BANKRUPT

... Stroy Nes-Ab from Tambov (case no. A64-10282/2024). The amount of the claims amounted to 2,743,141.93 rubles. Until November 18, the court left the claim without motion. The defendant has been working in Tambov since the autumn of 2000, specializing in construction work and roadway repairs. The company is headed by Misak Demurchyan. During its operation, Stroy Nes-Ab managed to participate in 138 government contracts, receiving about 11.5 billion rubles in revenue from them. In 2021 and 2022, the company ...

SAMARA CONSTRUCTION COMPANY DECLARED BANKRUPT

... government agencies, was declared insolvent. The company was established in 2011. Its sole owner is Vadim Belogortsev. By 2022, the company has concluded about 60 state contracts worth 3.5 billion rubles. The company actively participated in tenders for the construction of social institutions. In Samara, Belstroy undertook the construction of a swimming pool for 329 million, and in Zhigulevsk, the organization received a tender for the construction of a kindergarten designed for 240 places. In 2020, this ...

MAGNITOGORSK CONSTRUCTION COMPANY "TECHNOSTROY" WAS SENT UNDER SURVEILLANCE

... amounted to more than 255.5 million rubles. The amount included over 152.3 million of the principal debt, according to local media. Another 102.2 million were penalties and 1.14 million penalties. Technostroy became famous due to its participation in the construction of sinter plant No. 5 of Magnitogorsk Iron and Steel Works. In July 2019, the facility was inaugurated in the presence of the head of state. The cost of equipment for the sinter plant supplied by Chinese partners amounted to about 6.7 billion....

A LARGE CONSTRUCTION CONTRACTOR FROM SAMARA WAS DECLARED BANKRUPT

... perform the duties of the manager. In December 2022, Rusbankrot reported on a bankruptcy claim filed in arbitration by Alfastroyproekt. The process was initiated due to an insignificant requirement of 560 thousand rubles by the standards of the construction business. However, as experts expected, the insolvency application launched a wave of petitions from counterparties who hurried to join the process. By the time the "SSA" was declared bankrupt, the total amount of creditors' claims ...

BANKRUPTCY OF A LARGE CONSTRUCTION CONTRACTOR HAS BEEN INITIATED IN THE SAMARA REGION

... Turnover in a couple of years increased from 4.4 to 919.3 million. In 2021 , the company received government orders for 1.17 billion. The main counterparty remained the city of Togliatti, where the company was engaged in the repair of the track, the construction of an athletics arena and a number of other projects worth over 1 billion. The company was also present in other projects in the Samara region. But since 2021, the firm has not received any contracts and has engaged in reorganization. Two ...

A LARGE CONSTRUCTION COMPANY FROM UFA IS UNDER THREAT OF BANKRUPTCY

The Vostokneftezavodmontazh company (JSC VNZM), which implements construction projects for oil and gas enterprises, may go into bankruptcy. Bashkir arbitration satisfied the requirement of the company "Top Technologies of the Urals", which performed electrical work on a subcontract. VNZM must pay 131.5 million ...

“LEADER” CONSTRUCTION COMPANY IS DRIVEN TO BANKRUPTCY OVER DEBTS

"Leader" construction company may again become a defendant in an insolvency suit. The Omsk company could have been involved in bankruptcy proceedings as early as October and December 2021. Several partners posted information about their respective intentions,...

The Ministry of Economic Development and Trade proposed to give priority to hiring Russians at construction sites

... priority to contractors, who attract mainly Russian workers, RBC reports . A corresponding letter signed by the Deputy Minister of the Ministry of Economic Development and Trade was sent to the Government of the Russian Federation and the Ministry of Construction. According to the authors of the initiative, the innovation will contribute to the development of employment on the territory of the entire Eurasian Economic Union. The proposed changes are a kind of response to the complaints of road contractors ...

47% of road construction companies may go bankrupt

At the request of the National Association of Infrastructure Companies (NAIC), the specialists of the HSE conducted a survey on the road construction market and came to a disappointing conclusion. According to the data received, up to 47% of the largest enterprises in the industry (94 organizations out of 200) run the risk of becoming insolvent in the nearest future. The reasons for ...

AUTHORITIES OF SAKHALIN INTENTIONALLY BROUGHT CONSTRUCTION COMPANIES TO BANKRUPTCY

... bankruptcy. On August 9, the Russian government adopted Resolution № 1315, which could adapt the terms of contracting agreements between the state and builders in a situation of rising prices. The bylaw (order № 500 / pr) was adopted by the Ministry of Construction of Russia even earlier (on July 21). In order to recalculate the estimate, the relevant acts must be adopted at the regional level. However, the signature of the Governor Valery Limarenko is still missing, although several months have already ...

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