Uralvagonzavod asks the government to protect it from Alfa Bank

Alfa-Bank claims to Uralvagonzavod OJSC and its structures make it difficult to lend to the corporation in other banks. This is stated in a letter from the head of the UVZ Oleg Sienko to the supervisor to the Deputy Prime Minister Dmitry Rogozin, Interfax reports .

The Alpha Bank's filing for the claim against UVZ led to the refusal of creditors to finance the company on the current conditions within the framework of the limits under current agreements, the document says. This leads to a shortage of sources of financing of the Uralvagonzavod operating activity, Sienko emphasizes.

According to Sienko, the corporation and the “ChTZ-Uraltrak” have repeatedly attempted to establish a dialogue with Alfa Bank. However, the submitted lawsuit, as well as the “lack of reasonable, constructive actions to solve the situation directly with the borrower,” indicate that the bank is aimed at “the illegal alienation of the financial resources of UVZ through early termination of the creditor’s obligations on terms that do not comply with agreements,” the head of the corporation believes. At the same time, he emphasizes that the loan has a full collateral of the “ChTZ-Uraltrak” obligations.

On Thursday, the government of the government sent Sienko’s letter to the Ministry of Industry and Trade, the Ministry of Defense, the Ministry of Transport, the Ministry of Finance and the Ministry of Economic Development. The accompanying note expresses the request "to jointly consider the possibility of" facilitating the corporation in solving the situation with Alfa-Bank.

On April 14, Alfa-Bank filed a lawsuit against the Moscow Arbitration Court to recover 6 billion rubles and 39.7 million dollars on a loan from Uralvagonzavod. The CHZ-Uraltrak and Technopark Tractorozavodsky act are the corresponding to the corresponding. The preliminary consideration was scheduled for May 27. The second claim for 523.5 million rubles was filed on April 24.

On May 8, Alfa-Bank posted in the Kommersant newspaper an announcement of his intention to apply to the court with a claim for bankruptcy of Uralvagonzavod . The Deputy General Director of UVZ Alexei Zharich explained that the bank’s action is associated with the delayed loan for the subsidiary of the Chelyabinsk enterprise "ChTZ-Uraltrak", and called such actions unconstructive. "The bank is officially notified that the" ChTZ -Uraltrak "is waiting for a decision on state support, which will be aimed, including, to restructure the loan portfolio of the enterprise," he said.

On Tuesday, the Moscow Arbitration Court, as part of the interim measures in the second claim of Alfa-Bank , arrested funds belonging to Uralvagonzavod and ChTZ Uraltrak. Jarich said that the company considers this arrest illegal and intends to appeal it, because the credit was provided with security. According to him, 325 million rubles have already been paid against repayment.

Uralvagonzavod is one of the largest manufacturers of tanks in the world. It occupies a share of about 60 percent of the total number of cars manufactured. It produces the main combat tank T-90, which should be replaced by the T-14 Armata tank. The corporation is also one of the largest manufacturers of railway wagons.