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The website of the Arbitration Court for St. Petersburg and the Leningrad Region has published a decision made as part of the lawsuit filed by StroyTechImport against Hyundai’s
In April of this year, StroyTechImport filed a lawsuit seeking recovery of defendant’s debt and accrued interest, which arose in connection with the construction of the Hyundai engine plant in St. Petersburg by the Russians. We are talking about the amount of 156.7 million rubles.
As you know, in March Hyundai announced the cessation of its activities in Russia. Apparently the Koreans have also suspended payments to contractors at the same time. Now, when media reports appeared about Hyundai’s likely complete withdrawal from Russia, StroyTechImport realized that after the withdrawal of all the carmaker’s assets from our country, there would simply be no one to collect nearly 157 million rubles in debt from . Therefore, provisional measures were requested on the claim, which the arbitral tribunal has complied with. The next hearing in the case is scheduled for November 7, 2022.
In April of this year, StroyTechImport filed a lawsuit seeking recovery of defendant’s debt and accrued interest, which arose in connection with the construction of the Hyundai engine plant in St. Petersburg by the Russians. We are talking about the amount of 156.7 million rubles.
As you know, in March Hyundai announced the cessation of its activities in Russia. Apparently the Koreans have also suspended payments to contractors at the same time. Now, when media reports appeared about Hyundai’s likely complete withdrawal from Russia, StroyTechImport realized that after the withdrawal of all the carmaker’s assets from our country, there would simply be no one to collect nearly 157 million rubles in debt from . Therefore, provisional measures were requested on the claim, which the arbitral tribunal has complied with. The next hearing in the case is scheduled for November 7, 2022.
Source: Avto Vzglyad
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
