The Russian company wanted the Chinese

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www.vsyako.netPhoto: Interskol

Corporation Positec Chinese billionaire Dong Gao may buy Russian manufacturer of power tools “Interskol”, which is now undergoing bankruptcy proceedings. It is reported owned by Grigory Berezkin RBC.

The total debt of the company amounts to more than 6 billion rubles. It is noted that the deal with Positec can be arranged through the redemption of structures of the savings Bank claim rights to the “Interskol”.

In addition, according to the trade Ministry, “Interskol” holds “work with the Russian direct investment Fund (RDIF) to harmonize the implementation of necessary investment measures with creditor banks”.

“Interskol” is the largest player on the Russian market of power tools. By the end of 2018, the company accounted for about 10 percent of this market. In the Ministry of industry fear that the bankruptcy of such a major player could lead to a weakening of domestic producers.

Video, photo All from Russia.

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