Rusnano wants to acknowledge the fact that he underestimated his debts under Chubais

No time to read?
Get a summary

Russian state company Rusnano filed a statement with the Moscow Arbitration Court to establish that the company’s debt amount was understated. This has been reported “Vedomosti”.

The company hopes that the court will recognize the fact of revaluation of debts using the new methodology, which led to an increase in the Development Institute’s debts and, as a result, a deterioration in its financial situation.

Later, the company changed its financial policy and transferred some of its loan debts to banks from the “liabilities” section to the “additional capital” section. As a result, the amount of debt on paper decreased. There are no defendants in the case, only other persons are mentioned as participants: the Ministry of Finance, the Ministry of Energy and VEB.

It is stated that it is from 2016 to 2020. The company’s debt burden has increased by more than 100 billion rubles. Although before the change in accounting policy in 2016, the size of Rusnano’s liabilities exceeded the value of the company’s assets.

reportedHe said Rusnano reduced its debt by 28 billion rubles to 69 billion rubles in 2023.

Previously at Rusnano warned About the risk of bankruptcy.

No time to read?
Get a summary
Previous Article

A city in the western United States is overgrown with weeds

Next Article

The Russian player became the fifth active NHL player to reach 300 points in the fastest time