The Moscow Arbitration Court has started bankruptcy proceedings for the retailer Svyaznoy. The company filed for bankruptcy, the amount of its liabilities is a multiple of the amount of assets. Svyaznoy worked in 2022 with a net loss of 48.5 billion rubles.
The Moscow Arbitration Court has introduced a follow-up procedure against the Svyaznoy retailer, which means the beginning of bankruptcy. The court recognized Svyaznoy’s statement about his own bankruptcy as justified. About this writes “RIA Novosti”.
Consideration of the case on the bankruptcy of “Svyaznoy” in essence will take place on December 5. Anton Sychev, a member of the union of refereeing managers Avangard, was appointed acting manager.
Various lawsuits were filed against Svyaznoy by creditors and counterparties. For example, Alfa-Bank demanded to recover more than 8 billion rubles from the retailer, and counterparties filed claims for more than 14 billion rubles.
According to the data of the Unified State Register of Legal Entities, the main legal entity of Svyaznoy at the end of 2022 received income in the amount of 56.8 billion rubles with a net loss of 48.5 billion rubles.
According to its own data, the Svyaznoy network has 2.6 thousand stores in Russia.
Author:
Kirill Bilyk
Source: RB

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