The Volgograd region's Arbitration Court is hearing claims from plaintiffs including Sberbank Head Office in the Volgograd region (South), which filed a petition for settling a RUB 2.20billion (€53.73million) debt.
According to experts, the bankruptcy is initiated so that different players of the regional construction market may get ZhBI-1 assets. ZhBI-1 management has announced plans to keep the company.
