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VIM-Avia Bankruptcy Issue
27.02.2015 15:19
VIM-Avia Bankruptcy Issue

Sberbank intends to apply to the Arbitration Court with a claim on recognition of the “VIM-Avia” airline company as a bankrupt.

      Earlier on Monday a similar lawsuit was filed against the carrier by VTB. This is reported by RIA “Novosti”. Sberbank sent notices to its contractors saying that it intended to apply for bankruptcy of the “VIM-Avia” Airline Company and “Russkoe Nebo” (“Russian sky”) airline company. The bank was forced to take strict measures due to the fact that “VIM-Avia” has not been servicing the debt for more than nine months and did not offer any solutions to the problem.

      The press service of Sberbank noted that there was a significant increase of commitments of the airline company before other credit institutions in 2014, after which “VIM-Avia” stopped to service its debt before Sberbank. The amount of debt of the airline company before Sberbank exceeded 4.3 billion roubles. In January VTB already filed a lawsuit on bankruptcy of “VIM-Avia” to the Moscow Arbitration Court, but the application was not accepted for consideration. The Court explained this by the fact that the decision on the debt recovery being a basis for the lawsuit had not yet entered into force.


Author: Anna Dorozhkina

Tags: VIM-Avia     

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