The French arms company Verney-Carron, established more than 200 years ago, announced the termination of payments to employees and launched a bankruptcy case, one of the reasons for this was the breakdown of a contract with a Ukrainian company worth € 36 million. This was reported by BFM TV.
The hearing in the Verney-Carron case will be held on February 12, according to a press release from the French Cybergun group, the majority shareholder (65%) of Verney-Carron since 2022.
For several years now, the legal entity has been incurring losses, in 2023 they amounted to € 4.54 million with sales of € 5.45 million. In November 2023, the arms manufacturer announced a contract with the Ukrainian side for the supply of assault rifles,…