Britain’s home secretary announces her candidacy for PMWorld June 30, 2:52
Russian parliamentarians open to dialogue with Ukraine — lawmakerRussian Politics & Diplomacy June 29, 21:30
Russian diplomat says it is necessary to unfreeze settlement process in TransdnestriaRussian Politics & Diplomacy June 29, 21:23
Italy’s Liguaria passes resolution on revoking of anti-Russian sanctionsWorld June 29, 21:17
Russia-France dialogue developing constructively — LavrovRussian Politics & Diplomacy June 29, 21:10
Russian envoy to OSCE notes activation of efforts to solve Donbass crisisRussian Politics & Diplomacy June 29, 20:50
Lavrov urges de Mistura to invite all Syrians to Geneva talksRussian Politics & Diplomacy June 29, 19:20
FIFA Ethics Committee denies German media report on probe into President InfantinoSport June 29, 18:42
Contact Group agrees disengagement of parties, cargo traffic in DonbassRussian Politics & Diplomacy June 29, 18:36
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.