Court sustains Novouralsk’s claim

Sverdlovsk Region Arbitration Court sustained the claim laid by the city of Novouralsk against AMUR car factory; the plaintiff insisted on the defendant paying them over 15 million RUR for violating the terms of paying off the loan offered to the factory from the city’s budgetary funds.

Novouralsk Municipal Duma decided to offer the company 15 million RUR to be paid off by March 12, 2009 and another 50 million RUR to be paid off by August 13, 2009.

On June 4, 2009, Sverdlovsk Region Arbitration Court is going to look into another claim laid by the city of Novouralsk against AMUR car factory regarding the 50-million-RUR debt.


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