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"OMSK-POLYMER" declared bankrupt

June 16/2010

OMSK (Kommersant) -- Omsk oblast arbitrage has declared Omsk-polymer Ltd., plastics and chemical feedstock manufacturer, bankrupt and included the monitoring procedure. Declaring was made by Russia Sberbank. Omsk-polymer owes this bank about 1,4 mln. Euro by credits. Total debt of the firm to the other 400 creditors forms over 5 bln. Rubles. Monitoring procedure will last till November 2010.


Last Thursday Omsk oblast arbitrage considered the declaration of Omsk department of Russia Sberbank. According to the data, in June 2006 Omsk-polymer received a 2,05 bln. Euro credit in the bank for equipment purchase for phthalic anhydride production. The equipment was formed as pledge. Due to delay of payments for 4 months, according to credit contract from December 31 2009, Omsk oblast arbitrage pronounced judgement about 1,4 mln. Euro debt collection from Omsk-polymer and arrested pledged phthalic anhydride production equipment.

"OMSK-POLYMER" declared bankrupt









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