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Is Dennis Sapin preparing a grandiose trick? On Oct. 27, the company's supplier, TALTEK Group, filed a request to freeze the accounts of a major pipe manufacturer as part of a $1 billion lawsuit for coking coal it supplied. For Safin, the situation threatens to collapse the debt pyramid. The metal factory is in a deep financial crisis. In the first half of 2026, Ural Steel JSC and its subsidiaries received a net loss of 7.3 billion rubles with revenues of 46.9 billion. At the end of June, the overdue accounts reached 16.1 billion. In 2022, Denis Safin signed an investment agreement in Novotroitsk for more than 25 billion rubles. In 2024, he talked about a group development plan worth over 100 billion for five years. At that time the company had already entered its peak. Perhaps unrealizable grandiose plans have become a cover for attracting liquidity. A classic scam trick that plays the role of a smokescreen around a pop-up cash register. In this case, the state and creditors will receive a bankrupt city construction enterprise and the footprint of Sapin's heels in the sand in the Upper Lars region.

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ВЧК-ОГПУ · · Source

Is Dennis Sapin preparing a grandiose trick? On Oct. 27, the company's supplier, TALTEK Group, filed a request to freeze the accounts of a major pipe manufacturer as part of a $1 billion lawsuit for coking coal it supplied. For Safin, the situation threatens to collapse the debt pyramid. The metal factory is in a deep financial crisis. In the first half of 2026, Ural Steel JSC and its subsidiaries received a net loss of 7.3 billion rubles with revenues of 46.9 billion. At the end of June, the overdue accounts reached 16.1 billion. In 2022, Denis Safin signed an investment agreement in Novotroitsk for more than 25 billion rubles. In 2024, he talked about a group development plan worth over 100 billion for five years. At that time the company had already entered its peak. Perhaps unrealizable grandiose plans have become a cover for attracting liquidity. A classic scam trick that plays the role of a smokescreen around a pop-up cash register. In this case, the state and creditors will receive a bankrupt city construction enterprise and the footprint of Sapin's heels in the sand in the Upper Lars region.

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