The court at the request of the VEB introduced a monitoring concern «tractor plants»

© Fotolia / Sebastian DudaВ the courtroom. Archival photoThe court at the request of the VEB introduced a monitoring concern «tractor plants»© Fotolia / Sebastian Duda

The arbitration court of the Chuvash Republic on Monday at the request of the VEB entered the starting procedure of bankruptcy — supervision — in respect of the concern «tractor factories» (KTZ), follows from the information in the files of arbitration cases.

Other details yet aren’t reported.

Bankruptcy KTZ was received by the arbitration on 23 October, four days later, the court initiated a bankruptcy case. According to the information in the card case, the amount of debt the GTC before the EBV is 68.5 billion.

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