Russia’s Transcapitalbank plans to file for TGC-2 bankruptcy

MOSCOW, Mar 17 (PRIME) -- Russian bank Transcapitalbank plans to file a bankruptcy suit against Territorial Generating Company-2 (TGC-2) to an arbitration court, as seen by PRIME Thursday in materials of the federal register for data on operation of legal entities.

The bank is the company’s creditor.

TGC-2 operates electric and thermal power plants in the Arkhangelsk, Vologda, Kostroma, Novgorod, and Yaroslavl regions in the northern and central Russia and in the Macedonian city of Skopje.

(71.0256 rubles – U.S. $1)

End