Segezha sold for €1 business in Europe on production packings with a 100-million debt

The Russian LLC "GROUP OF COMPANIES "SEGEZHA" (enters in PUBLIC JOINT-STOCK COMPANY JOINT-STOCK FINANCIAL CORPORATION "SISTEMA") sold European "daughter" of Segezha Packaging Ltd for only one euro. The Russian LLC "GROUP OF COMPANIES "SEGEZHA" sold the European affiliated Segezha Packaging Ltd for only one euro, but with a 100-million debt, Mikhail Shamolin specified chapter of companies. In this regard, as Mikhail Shamolin noted, it is possible to say that business is sold for 100 million euros that answers its assessment in a dosanktsionny state. Company did not begin to open the buyer. Mikhail Shamolin declared that in the circumstances sale of business was...