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Bankruptcy moratorium turned out to be unnecessary for Ural industrialists

A month has passed since a government act established a large-scale ban on initiating bankruptcy of both individuals and legal entities. However, the industrial enterprises of the Urals continue to massively refuse to apply to the moratorium on insolvency. According to Kommersant, the Russian Copper Company (RCC), located in Yekaterinburg, and its subsidiary, “Mikheevsky GOK”, located in the Chelyabinsk region, have recently filed applications for waiving the moratorium. Both organizations made...

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