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Croatia’s largest shipyard goes bankrupt due to sanctions against VTB

Brodosplit Shipyard has begun preliminary bankruptcy proceedings. The firm applied to the Economic Court of Split on 27 April.... ... company's management expected €120 million from a Russian credit institution. In April 2022, the situation was complicated by the EU sanctions against VTB, which were joined by the Croatian authorities. By this time, two ships were already being built on the ...

Modified: 05.25.2022
bankruptcy , bankruptcy of companies , VTB , Croatia , shipyard bankruptcy , sanctions , Brodosplit
Path: РусБанкрот - СМИ
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