Court to look into UETM insolvency case

December 17, 2014. Sverdlovsk Region Arbitration Court is going to consider OOO Voskhod’s application: the company laid a claim asking for OOO Elmash (UETM) to be declared insolvent.

OOO Elmash (UETM) was founded on April 28, 2012, but the history of the business actually dates back to 1934, when Uralelectromachine’s first Appliances Plant was launched. The company now makes distribution and control equipment for electric grids, assembles, repairs, and maintains lifting and transportation equipment, produces precious metals, and makes material-processing mills.

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