H&M, the Swedish clothing and accessory brand, refused to liquidate the legal entity in Russia due to waste debts. This Telegram was reported by Channel Shot.
Russian public services were clarified. 30 thousand rubles accumulated for the importation of municipal solid wastes from the facilities of the brand in Saratov region.
In the report, “The possibility of final separation from the Russian Federation was prevented, because H&M did not pay all its debts. Citimatic Company made a court in AYCH and EM LLC.
In March of this year, the H&M network Liquidated Legal entity in Russia. As Shot wrote, the process began last summer, but due to the company’s debts, the process dragged to the court arrested the accounting accounts of the organization as temporary measures. The channel reported that the brand should be 76 million rubles. The retail chain managed to pay the debt, the company applied for business liquidation in Russia.
H&M announced in the summer of 2022 that he left Russia. Soon all chain stores in Russia Closed. On February 19, a representative of the Swedish brand against the background of the news about the return of brands in the Russian Federation, the company said that the company was not a plan to return to Russia.
Previously reportedWestern companies have no rush to return to Russia.
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Source: Gazeta
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