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Bankruptcy moratorium turned out to be unnecessary for Ural industrialists

... as “SUENKO” (Siberian-Ural Energy Company), “UOTK” (Ural Oil Transportation Company), “NLMK-Ural” and many others. The moratorium, introduced until October 1, 2022, was intended to help Russian businesses overcome the economic situation caused by the sanctions of a number of foreign countries. Creditors in this situation are deprived of the opportunity to file bankruptcy petitions against debtors, but no one prevents people with debts from declaring their own bankruptcy. For the enterprises in the ...

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