“Daughter” UTair requires bankruptcy protection

YEKATERINBURG, October 29. The arbitration court of Khanty – Mansiysk Autonomous Okrug-Ugra has introduced a supervision procedure on subsidiary enterprise of UTair aviation – LLC “Ucar”, has informed today a press-the court Secretary Tatyana Litvinova.

“The court appointed a temporary Trustee – Roman M. Martyanov, who will assess the debtor’s property, conduct an analysis of the financial situation of the debtor and will provide the court a report about the financial condition of the company,” she said.

A Declaration of bankruptcy was made in July 2015. According to the court, the company has payables in the amount of 63.7 million rubles, which they were unable to repay, and filed in court the statement for own bankruptcy.

LLC “Ucar” engaged in cargo transportation.