MMK them. Ilyich goes into bankruptcy

MMK im. Ilyich goes into bankruptcy

The Economic Court of the Zaporizhia Region opened a bankruptcy case against PJSC Mariupol Ilyich Iron and Steel Works, which is part of the Metinvest group.

About This is reported by Interfax-Ukraine with a link to the company’s message in the disclosure system of the National Securities and Stock Market Commission on Tuesday, writes EP.

“The reasons for opening proceedings on the issuer’s bankruptcy case: the seizure and destruction of the Unified Property Complex of PJSC MMK named after M.V. Ilyich” in the occupied city of Mariupol and, as a result, insolvency, the impossibility of fulfilling monetary obligations to creditors, in particular, to PJSC “Avdeevka Coke and Chemical Plant,” the message says.

The preparatory hearing in the case was scheduled for February 27 of the following year. the initiator of the initiation of bankruptcy proceedings was PJSC “Avdeevsky Coke and Chemical Plant”, which is part of the mining and metallurgical group “Metinvest” of Rinat Akhmetov and Vadim Novinsky, as well as MMK them. Ilyich.

The court appointed the director of the lawyer association “Insolv” Aleksey Sokol as the arbitration manager. The agency notes that he led the reorganization of the Dniprovsky Iron and Steel Works, whose entire property complex was bought by Metinvest last year at a tender.


16 enterprises of the Metinvest group, Rinat Akhmetov and Vadym Novinsky, filed suits with the European Court of Human Rights (ECHR) against Russia for damage caused by Russia to the property and property of the group in Mariupol and other territories of Ukraine since February 24.

In particular, claims against Mariupol metallurgical enterprises were filed by Azovstal and Ilyich Iron and Steel Works.

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