The previous day, Rusnano published a report stating that it will not be able to pay its debts by the end of this year with its own funds.
Kremlin spokesman Dmitry Peskov said that the Russian innovative state corporation Rusnano is on the verge of bankruptcy. Russian media reported it.
“There were some successes, but if you remember, the president mentioned a pretty big hole in this corporation. It’s really huge. The government is looking into this issue,” said Peskov.
He added that the government is “developing appropriate proposals.”
As you know, the day before Rusnano published a report that it will not be able to pay the debts by the end of this year with its own funds. The state-owned company acknowledged the “high probability of signs of bankruptcy” if Rusnano’s shareholders cannot find funds to pay debts. The amount of the company’s net debt at the end of the first half of 2023 exceeded 95 billion rubles; since the end of 2022 it has grown by almost 5 billion rubles.
As written by BusinessCensor, JSC Rusnano is a Russian state company created in 2011 through the reorganization of the state corporation Russian Corporation and investor in nanotechnology, which was founded in 2007 to fulfill the instructions of the Russian dictator that Vladimir Putin, who called nanotechnology one of the highest. priority areas for science and technology development. Rusnano should contribute to the implementation of the state policy on the development of nanoindustry, investing indirectly and through nanotechnology investment funds in high-tech projects that ensure the development of new industries in Russian Federation, including nuclear medicine and medical instrument manufacturing, innovative nanobiopharm and photonics, nanocoating and surface modification, new materials (polysilicon), renewable energy and energy efficiency.
In 2019, the company invested in 97 factories and R&D centers in 37 regions of Russia, but many of them went bankrupt or were restructured. The company itself narrowly avoided a bond default in 2016 due to the company’s value dropping below its debt level.
It was previously reported that thousands of Russian farms are on the brink of bankruptcy due to the monopolization of the grain market.
We remind you that a large Chinese real estate developer has declared bankruptcy.
Source: korrespondent
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