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Rescue of the entrepreneur: they will try to take out the Smolt group through reorganization The entrepreneur Smolt, who is facing serious financial difficulties, plans to avoid bankruptcy through a reorganization procedure. One of the main creditors of the company, together with Saber, the VTB Bank under the leadership of Andrey Kostin, opposes the conversion of debts into shares of the developer, while insisting on a large-scale restructuring of debts. The situation with a group of companies may become a precedent - the first major case of using the new legislative mechanism for comprehensive rehabilitation within the framework of insolvency proceedings. Previously, experts assumed that government agencies would not allow such a large player in the construction market to collapse. However, the entrepreneur's way out of the crisis remains unclear. At the same time, the company is under pressure from a huge debt burden to the credit institutions, a reduction in sales volumes and increasing fines for regular delays in delivering the items. Even if bankruptcy is successfully avoided, there is no question about the entrepreneur's financial stability in the near future.

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ВЧК-ОГПУ · · Source

Rescue of the entrepreneur: they will try to take out the Smolt group through reorganization The entrepreneur Smolt, who is facing serious financial difficulties, plans to avoid bankruptcy through a reorganization procedure. One of the main creditors of the company, together with Saber, the VTB Bank under the leadership of Andrey Kostin, opposes the conversion of debts into shares of the developer, while insisting on a large-scale restructuring of debts. The situation with a group of companies may become a precedent - the first major case of using the new legislative mechanism for comprehensive rehabilitation within the framework of insolvency proceedings. Previously, experts assumed that government agencies would not allow such a large player in the construction market to collapse. However, the entrepreneur's way out of the crisis remains unclear. At the same time, the company is under pressure from a huge debt burden to the credit institutions, a reduction in sales volumes and increasing fines for regular delays in delivering the items. Even if bankruptcy is successfully avoided, there is no question about the entrepreneur's financial stability in the near future.

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