Russia hopes for resumption of grain exports to Iran — ministryBusiness & Economy July 29, 21:52
Humanitarian operation in Aleppo to create basis for inter-Syrian talks — officialWorld July 29, 21:47
Russian watchdog to consider import ban lifting after visit to TurkeyBusiness & Economy July 29, 21:35
International Weightlifting Fed disqualifies Russian team from OlympicsSport July 29, 20:55
Crimea needs French investments — officialBusiness & Economy July 29, 20:51
French MP: tatar minority rights observed in Crimea better than Russians’ in Baltic statesRussian Politics & Diplomacy July 29, 20:44
Russian defense contractor: fully universal submarine can’t be developed todayMilitary & Defense July 29, 20:25
Russia to discuss Nord Stream-2 with European Commission — ministerBusiness & Economy July 29, 20:09
Ministry: Inflation suppression to 4% by 2017 year-end possible in RussiaBusiness & Economy July 29, 20:03
YEKATERINBURG, February 9. /TASS/. A bankruptcy petition regarding Kurganmashzavod (KMZ) - Russia’s only enterprise manufacturing infantry fighting vehicles (BMP) - has been filed with the Kurgan Arbitration Court, the court press service told TASS Tuesday.
The petitioner is MTE Group registered in Moscow.
"The petition is connected with arrears on lease contracts of MTE Group and KMZ. Earlier the companies struck an amicable agreement, under which KMZ was to pay in two stages 41 million rubles ($515,000) of total debt on lease payments and some 1.9 million rubles ($23,800) of cancelation penalty," the press service said.
The court said Kurganmashzavod only paid 276,000 rubles ($3,460) out of the debt. "That’s why MTE Group demands that the plant be recognized bankrupt and that a bankruptcy commissioner be appointed," it said.
The petition was filed February 5 and has not yet been accepted for hearing. TASS was unable to get a comment from the plant.
KMZ, making part of Tractor Plants concern, is Russia’s only enterprise producing infantry fighting vehicles being in operational service with the armies of nearly 30 countries.
KMZ in 2015 struck a long-term contract with Russia’s Defense Ministry to supply in 2015-2017 more than 200 BMP-3 infantry fighting vehicles to Russian army units.
KMZ had wage arrears and a debt for gas to Gazprom mezhregiongaz Kurgan company.