Sberbank is about to drive Baltic Plant to bankruptcy

Sberbank filed a claim on the bankruptcy of the Baltic Plant to the Arbitration Court of St Petersburg. It is said about in the materials of the Court. The date for hearing is not set so far.
The action of Sberbank on the debt collection from the Baltic plant is in the amount of 52.5 million roubles is being considered in the court now. The next hearing is set for January 18, 2012. The companies, including Refma and the Russian mining-and-smelting company have filed lawsuits on the bankruptcy of the Baltic Plant earlier.
The decision on the bankruptcy of the Baltic Plant and the creation of a new structure – Baltic plant-Shipyard, where new orders and the staff will be moved over, was taken at a meeting of V.Putin with the management of the enterprise in St Petersburg on December 2, 2011.
The Baltic Plant (St. Petersburg) is one of the largest enterprises of the shipbuilding sector in Russia. The company is focused on the construction of ice-breakers and ice-rated vessels (with nuclear propulsion system), heavy-tonnage vessels for the shipment of various cargo and war vessels. The plant produces a wide range of engineering products and power-generation facilities. It is a supplier of non-ferrous and steel casting.
http://rosinvest.com/novosti/892312
Translated by Iraida Idiyatova