Sberbank moved a large gasoline plant



Sberbank acquired 100 percent of the shares of Antipinsky oil refinery. About it reports a press-service of the Bank.

Sberbank decided ahead of time to collect debts of JSC “Antipinsky oil refinery”. Until the end of June, the Bank plans to determine the policy in relation to the plant.

The press service said that the Bank was entitled to ownership of the shares of Vikay Industrial Limited, which, in turn, controls 80% of shares of JSC “Antipinsky oil refinery”.

In addition, it is reported that the savings Bank in accordance with the law will continue to pursue the recovery of liabilities of the debtors, guarantors and collateral providers.

Antipinsky oil refinery, which in 2016 occupied the 43rd place among 200 major private companies of Russia according to Forbes, declared bankruptcy in may 18, 2019. Among the reasons for the bankruptcy of the refinery called the stop Commodities Trading company VTB granting advances for the purchase of petroleum products, the seizure of assets of the company in the court of London, as well as attempts of seizure of assets in Russia.

Earlier it was reported that Saint-Petersburg international Mercantile exchange closed refineries access to trading as a seller, because the company ceased to perform his duties under the concluded transactions, received an advance payment from buyers of gasoline.

In addition, Commodities Trading at VTB sued the refinery in London’s High court with the requirement to freeze the assets of the plant at 225 million euros.

Video, photo All from Russia.


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