Today, on September 3rd, an observation procedure has been initiated by the Tyumen Region Arbitration Court over our company. In view of this, in order to avoid speculations I would like to explain what this means to all of us.
Firstly, observation procedure is meant to suspend execution of instruments on the pecuniary sanctions, including the release from attachment. It means that from now on nobody will be able to block our accounts and affect the company’s daily operating performance.
Secondly, observation procedure will not affect the work life of the staff members. Quite the opposite, the plant will continue producing and shipping products, paying timely wages and honoring other social commitments.
Thirdly, observation procedure is a first step towards the financial rehabilitation of the company. We will be able to get real of the plant’s financial status and thus to see the way out of the existing situation.
As a general manager of the company, as Maxim Andriasov, I do once again guarantee you that I will make every effort not to let any new challenges affect the staff members of the plant.
Maxim G. Аndriasov