A large gold mining company went bankrupt in Russia

A large gold mining company went bankrupt in Russia

Photo: Reuters (file photo) Petropavlovsk’s assets are estimated at $1.62 billion and do not cover all liabilities – – Securities Petropavlovsk for the day collapsed by 40% and updated the historical minimum – 2.27 rubles apiece. The Russian company Petropavlovsk, one of the top 5 gold miners in the Russian Federation and producing about 14 … Read more

Drama! One of the richest people in the Pirin region reached a begging stick due to bankruptcies, betrayals and divorce

Drama!  One of the richest people in the Pirin region reached a begging stick due to bankruptcies, betrayals and divorce

One of the emblematic businessmen in Sandanski, Ivan Kovachev, lost everything that reminded him of his successful business years ago. The trustee in bankruptcy of his company “Metal Kims” announced all the properties and company buildings for sale a few days ago. Administrative buildings, warehouses, located on about 6 acres along the main road to … Read more

The operator of SP-2 is officially bankrupt

The operator of SP-2 is officially bankrupt

Nord Stream Operator 2 is officially bankrupt – – In the Swiss canton, the pipeline operator is not the only company with Russian capital that could go down this path. The operator of the Russian gas pipeline Nord Stream 2 was forced to declare itself bankrupt after sanctions from the West. About it reported Sylvia … Read more

Pubs and taxi drivers have a difficult January, a third are in danger of bankruptcy

Pubs and taxi drivers have a difficult January, a third are in danger of bankruptcy

People don’t walk, they don’t. The waiters used to distribute beer, today they distribute it. Taxi drivers, at best, carry food boxes instead of passengers. The economy is driven by fear of inflation. According to the Czech Statistical Office, the fear of inflation is currently the largest among Czechs in the history of measurement. For … Read more

Evergrande deals with non-payment, Beijing takes the lead

Evergrande deals with non-payment, Beijing takes the lead

For the first time, Evergrande has failed to repay its creditors, said the Bloomberg agency on Tuesday, when the Chinese state invites itself at the head of the ultra-indebted real estate developer to avoid bankruptcy. Private heavyweight in the sector in China, Evergrande is crumbling under around 260 billion euros in debt. The group has … Read more

Bank Maybank Sues Bankruptcy Pan Brothers to Court

Bank Maybank Sues Bankruptcy Pan Brothers to Court

TEMPO.CO, Jakarta – PT Pan Brothers Tbk. again received a lawsuit from PT Bank Maybank Indonesia Tbk. Bank Maybank this time filed a bankruptcy petition against the textile issuer codenamed PBRX. “Including most of our creditors who have supported us throughout the restructuring process,” Pan Brothers management wrote, Thursday, August 5, 2021. Currently, Pan Brothers . … Read more

The former Legios wagon goes bankrupt for the second time, it owes 1.1 billion. According to the administrator, the reorganization cannot be performed

The former Legios wagon goes bankrupt for the second time, it owes 1.1 billion.  According to the administrator, the reorganization cannot be performed

Heavy Machinery Services’ creditors decided on Friday that the company would go bankrupt for the second time. No one proposed a vote on the reorganization at the hearing at the Regional Court in České Budějovice. Creditors could thus receive money for receivables after years. The company is insolvent, it owes about 1.1 billion crowns. The … Read more

Tradesmen balance over the abyss! Most are one month away from bankruptcy

Tradesmen balance over the abyss!  Most are one month away from bankruptcy

According to the Chamber of Commerce, the impact of the pandemic is already being felt, and if the measures do not soon dissipate, they will most likely be worse. “The number of interrupted trades is growing, self-employed people are getting a job, companies are starting to do business in other fields, for example,” said Karina … Read more