UETM might get declared insolvent

6 August 2015 (14:26)

UrBC, Yekaterinburg, August 6, 2015. OOO Elmash/UETM might be declared insolvent soon, as an application to this extent was submitted to Sverdlovsk Region Arbitration Court on August 3, 2015.

The plaintiff is Moscow-based OOO LLK International; it is not clear how big the creditor’s claim is.

An investigation by prosecution authorities in May revealed that UETM and its related enterprise Energomash Uralelectrotyazhmash owed their workers 73m RUR worth of wages.


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