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Duty Free operator Aerofirst declared bankrupt – RAPSI

17:07 19/10/2017

MOSCOW, October 19 (RAPSI) The Commercial Court of the Moscow Region has declared Duty Free operator Aerofirst bankrupt, according to court records.

A monitoring procedure was introduced regarding Aerofirst on April 27. Moreover, this summer the court included a 3.1-billion-ruble (about $54 million at the current exchange rate) debt of Aerofirst to VTB bank and a 2.9-billion-ruble debt to Sberbank in the list of its creditors claims.

As it has been reported earlier, Aerofirst operates duty free shops under Moscow Duty Free brand since its first shop was established in Sheremetyevo in 1988, what makes it the oldest duty-free operator in Russia. The company website shows that it has ten shops in Sheremetyevo F terminal …

Read the full article at: http://www.rapsinews.com/judicial_news/20171019/280586647.html

Category: BankruptcyBy Insolvency GuardianOctober 20, 2017

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Duty Free operator Aerofirst declared bankrupt – RAPSI

17:07 19/10/2017

MOSCOW, October 19 (RAPSI) The Commercial Court of the Moscow Region has declared Duty Free operator Aerofirst bankrupt, according to court records.

A monitoring procedure was introduced regarding Aerofirst on April 27. Moreover, this summer the court included a 3.1-billion-ruble (about $54 million at the current exchange rate) debt of Aerofirst to VTB bank and a 2.9-billion-ruble debt to Sberbank in the list of its creditors claims.

As it has been reported earlier, Aerofirst operates duty free shops under Moscow Duty Free brand since its first shop was established in Sheremetyevo in 1988, what makes it the oldest duty-free operator in Russia. The company website shows that it has ten shops in Sheremetyevo F terminal …

Read the full article at: http://rapsinews.com/judicial_news/20171019/280586647.html

Category: BankruptcyBy Insolvency GuardianOctober 19, 2017

Post navigation

PreviousPrevious post:Nestlé reports 2.6% organic growth, business restructuring to continue – Business Review Europe (blog)NextNext post:CNL Growth Properties Completes Successful Liquidation – GlobeNewswire (press release)

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Nearly 1,000 Belgian businesses went bankrupt in April – The Brussels Times
May 11, 2025
New Zealand man who received $46 speeding ticket declared bankrupt after fine becomes almost $20,000 instead – Community
May 11, 2025
Incidents took place at hotel in Portals Nous
May 11, 2025
Tash Peterson and partner Jack Higgs declare bankruptcy in dramatic Instagram video
May 11, 2025
Restructuring & Insolvency Laws and Regulations Report 2025 Netherlands
May 11, 2025
​​​​​​​Court of Appeal halts insolvency petition against Old Mutual Holdings – Business Daily
May 10, 2025
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