The registry says: “Alfa-Bank JSC notifies of its intention to appeal to the arbitration court with a statement recognizing JSC Dralzhinsky Scientific and Production Corporation Uralvagonzavod Named F. insolvent (bankrupt)”.
Meanwhile, the press service of the bank said they expect to “find a compromise” with “Uralvagonzavod”.
“The bank does not stop trying to find compromise solutions. Negotiations continue now. Unfortunately, we have not yet been offered acceptable options. Nevertheless, we hope to reach a compromise, ”the credit institution said.
TASS Help: “Uralvagonzavod” is a Russian corporation engaged in the development and production of military equipment, road-building machines, and railroad cars. It includes more than 40 industrial enterprises, research institutes, design bureaus. The parent company is Uralvagonzavod in Nizhny Tagil. 100% of the corporation’s shares is owned by the state. ”