Russian State bank is about to recover $100 mln from Mechel

VTB increased the sum of the stated claims as to “Mechel” by 1 billion rouble. It goes from the data of the Arbitration court. VTB’s subsidiary – VTB Factoring has filed a suit against Mechel. The company renders services on short-term debt financing for the purchase of equipment and other assets, Vedomosti writes.

In late September, VTB initiated a claim in the Arbitration court of Moscow on collecting of 2.99 billion roubles from the company.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer