Date: 3 weeks ago   Category: Economy

The Kuzbass coal company was declared bankrupt

The coal enterprise in Prokopyevsk could not solve financial problems and was declared bankrupt. The Prokopyevsk LLC Sibkoul Management Company is recognized by the Kemerovo arbitration financially insolvent, is reported on the website of court. As of May 31 the debt of the company reached 316 million rubles at the book value of 111 million rubles. Founders of the enterprise asked court to postpone bankruptcy because at the end of May with LLC SIBTEK the agreement on business sale was concluded, and on the received money debts to creditors would be paid, but the court refused. According to Kommersant, Sibkoul in 2011-2013 developed coal reserves on the site Upper Salandinsky in the Prokopyevsk district. In June, 2013 bought the license for the site Kotinsky. Nevertheless, it was not succeeded to reach the level of coal mining planned by 2018 in 535 thousand tons of coal – production stopped on a mark of 60 thousand tons. Photo: VSE42.Ru to Share: arbitration bankrupt bankruptcy Prokopyevsk coal