VTB ready to bankrupt "Mechel".
Edited by Rhod Mackenzie / 2015-03-10 06:31:09
VTB warned the lenders of "Mechel" that in a month it will apply to the arbitration court for bankruptcy of the company. It owes the bank 61.8 billion roubles and € 29 million.
Warning to creditors.
"Today "Mechel" meets the criteria, which are defined by law as financial insolvency", - Andrei Puchkov, the Deputy President - Chairman of VTB, told RBK on Friday. On Saturday "the Kommersant" published an official notice of the bank creditors of the metal company at the special page. A claim may be initiated in a month.
