Bank 'Russia' plans to file a bankruptcy petition with the…
Bank 'Russia' plans to file a bankruptcy petition with the Arbitration Court against the company 'Eurotrans', which manages the network of gas stations 'Trass' in Moscow and the Moscow region. Bank 'Russia' will approach court for the recognition of 'Eurotrans' as bankrupt.
Consensus
- Bank 'Rossiya' intends to file a bankruptcy petition against 'Evrotrans' in an arbitration court.
- 'Evrotrans' is the operator of the 'Trassa' network of fuel stations in Moscow and Moscow Oblast.
- The company has experienced repeated technical defaults on bond payments since early 2026.
- Rating agency 'Expert RA' revoked 'Evrotrans''s credit rating, leaving it without any active credit ratings.
- The bankruptcy filing was announced via the 'Fedresurs' portal.
- A ban on short positions in 'Evrotrans' shares was introduced by Moscow Exchange starting 21 July.
Points of divergence
- The situation worsened in May when Expert RA withdrew the credit rating, and the company became completely without any active credit evaluations on the market. — vm
- 'Evrotrans' experienced a technical default in early July regarding bond coupon payments, after which its shares rose over 100% following the short position ban. — vesti
- As of 23 July, 'Evrotrans' had not paid coupons on four bond issues totaling 169 million rubles; seven bond issues are in circulation. — kommersant
- 'Evrotrans' fulfilled only 10% of its obligations for the 15th coupon of issue BO-001R-07 on 14 July, and Moscow Exchange imposed a 100% risk limit on trading in 'Evrotrans' shares due to internal risk parameters. — vedomosti
- The head of the executive committee of Kazan, Ildar Shakirov, stated that demand for fuel stations has decreased and expects normalization soon. — vm
Coverage (5 sources)
- Bank 'Russia' Decides to Bankrupt Owner of Major Gas Station Network 'Eurotrans' — Вечерняя Москва
- Bank 'Russia' declares intent to bankrupt owner of 'Trassha' gas station company — Вести
- Bank 'Russia' intends to file for bankruptcy of 'Eurotrans', managing the 'Trass' gas station network in Moscow... — ТАСС (Telegram)
- Bank 'Russia' to file bankruptcy lawsuit against EuroTrans gas station network operator — Коммерсантъ
- Bank 'Russia' will sue to declare 'Eurotrans' bankrupt — Ведомости