Russian Magnesium’s Bankruptcy Case Put off Again

18 December 2012 (09:20)

December 18, 2012. Sverdlovsk Region Arbitration Court has put off the hearing of Russian Magnesium’s bankruptcy case once again, the court’s website reports.

Sverdlovsk Region Arbitration Court’s website announced in September that Asbest-based Russian Magnesium had applied for insolvency.

The company’s authorized capital comes t o 85.6m RUR.

The company’s shares belong to Solimag (50% plus 2 shares), Minmet Financing Company SA (2 shares), Uralasbest (25% minus 8 shares), and Sverdlovsk Region Government (25% plus 4 shares).

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