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ST. PETERSBURG RETAILER 220 VOLT IS ON THE VERGE OF BANKRUPTCY

... North-West applied to the court for its own bankruptcy. The St. Petersburg franchise chain of electric tool stores may become bankrupt due to numerous lawsuits. At the moment, the amount of claims against the debtor is more than 2.2 billion rubles. The retailer's problems began this year, when more than 200 lawsuits were filed against the holding companies at a price of over 1.5 billion rubles. These problems are connected, apparently, with anti-Russian sanctions, which caused difficulties with the supply of goods to the Russian Federation. Other companies ...

April Fools' lawsuits: why the Musatovs made a decision to drive the subsidiary of Auchan to bankruptcy

... turn out to be an April Fool's hoax. We should remind our readers that that Atak LLC is a subsidiary of Auchan in Russia, which also manages the Leroy Merlin and Decathlon brands. Hypermarket chains are part of the French group of companies Auchan Retail, owned by the Mullier family. Represented in 17 countries, the company has been operating in Russia since August 28, 2002 and, according to the statement made earlier, is not going anywhere. At the end of 2015, AUCHAN united four retail formats,...

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