The Svyaznoy electronics store chain owes its 4,999 employees 476.7 million rubles. And the total debt has reached almost 10 billion rubles, writes Vedomosti citing the EFRSB.
The company is currently in bankruptcy proceedings; An application for this was submitted last spring. In early September 2023, the retailer’s management informed employees that it could no longer pay them salaries on time.
On the basis of the observation procedure, on December 12, 2023, the Moscow Arbitration Court declared the retailer bankrupt.
Previously, Alfa Bank, Lorus Avtotrans LLC and several individual entrepreneurs filed bankruptcy applications for the retailer. Before this, several companies and banks went to court with lawsuits to collect Svyaznoy’s debt.
- In March, Alfa Bank filed two lawsuits against the company in the total amount of 8.2 billion rubles, and against TFN LLC (distributor of mobile devices, electric vehicles and accessories), in the amount of 308.6 million rubles. .
- In January 2023, the court decided to recover from Svyaznoy in favor of the distributor Merlion the debt arising from supply contracts worth 5 billion rubles.
- In December 2022, VimpelCom’s (Beeline brand) claim to recover 839 million rubles in advance payment from Svyaznoy was fulfilled. On November 21, 2023, the Moscow Arbitration Court also recognized the claim of the telecom operator against Set Svyaznoy LLC as justified and included 791.2 million rubles in the register of creditors of the debtor.
Svyaznoy is a digital equipment retailer. The company’s retail network includes more than 2.6 thousand stores in 1.1 thousand cities of Russia.
Svyaznoy Network LLC’s revenue at the end of 2022 amounted to 56.8 billion rubles, 1.9 times less than at the end of 2021. The company’s net losses reached 48.5 billion rubles against 15 .3 million rubles of net profit in 2021.
Author:
Karina Pardaeva
Source: RB
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