Bankruptcies of real estate developers have started in Russian regions
Since the beginning of the year, a number of construction companies in Russian regions have become bankrupt or are on the verge of such a procedure, Izvestia has found out, having familiarized itself with the decisions of the Unified Federal Register of Bankruptcy Information and with the data of regional regulatory authorities.
Thus, in Rostov-on-Don SC Donstroy was declared bankrupt because of debts to Sberbank. The company was unable to pay interest on a loan for 11 million rubles. As a result, on February 13, bankruptcy proceedings were instituted against it.
On February 11, also in the same region, the construction company LLC "STEK", which was engaged in the construction of residential and non-residential buildings, was declared bankrupt. It failed to return 39 million rubles to creditors.
Also in February, it became known that Stroyproekt Group, a developer previously considered close to the PIK group, was on the verge of bankruptcy in Ekaterinburg. The company may derail the project of complex development of the territory with investments of at least 850 million rubles. So far, it has been a partner of the federal group, but PIK itself told Izvestia that it has not cooperated with it for more than half a year.
In Chuvashia, on January 22, "Regionstroy" was declared bankrupt, which was unable to repay a debt of 42.6 million rubles to the republic's mortgage corporation, for which it was carrying out high-rise construction. And in the Vladimir region on January 25, the court declared bankrupt the housing estate "Generation", which failed to deliver an 18-storey building, leaving almost 600 shareholders without apartments.
Read more in the exclusive material of "Izvestia":
What they are worth: bankruptcies of real estate developers have begun in Russia's regions
Переведено сервисом «Яндекс Переводчик»
