Business · Companies · 3 hrs ago
Sberbank files to have fuel operator EuroTrans declared bankrupt
Sberbank has filed a petition in a Moscow Region court to have EuroTrans declared bankrupt.
Fuel trader Alfamonolit filed a similar petition in the same court on Oct.
12.
EuroTrans operates the Trassa network of 57 fuel stations in Moscow and the surrounding region.
The company has struggled to make payments this year and has missed payments on bonds and other debt.
By early September, it was in actual default on its public debt, which includes ten bond issues.
Its financial problems have also been compounded by large lawsuits and the arrest of its board chair and several senior managers in a fuel theft case.
The court will consider the bankruptcy petitions; the filings do not mean that EuroTrans has already been declared bankrupt.
Sberbank filed a lawsuit on October 12 seeking to have fuel operator EuroTrans declared bankrupt.
The case was filed with the Arbitration Court of the Moscow Region, according to the court records.
Fuel trader Alfamonolit also filed a similar lawsuit in the same court on October 12.
EuroTrans has faced mounting payment problems, including technical defaults on bond coupon payments and missed repayments on digital financial assets.
The company reported that overdue principal on its digital financial assets totalled 3.3 billion roubles as of August 31.
- Who
- Sberbank filed the lawsuit against fuel operator EuroTrans.
- What
- Sberbank asked a court to declare EuroTrans bankrupt.
- When
- October 12, 2026.
- Where
- The Arbitration Court of the Moscow Region, Russia.
- Why
- Not stated
This story does not have two clearly opposing sides.
EuroTrans’s first payment problems were reported.
The company began regularly missing bond coupon payments, which it described as technical defaults.
EuroTrans entered factual default on its public debt, according to the article.
Sberbank filed a bankruptcy lawsuit against EuroTrans in the Moscow Region court.
- Sberbank lawsuit
- Filed October 12, 2026
- Court
- Arbitration Court of the Moscow Region
- Other claimant
- Alfamonolit, a fuel trader, filed a similar lawsuit on October 12
- Overdue digital-asset debt
- 3.3 billion roubles as of August 31
- EuroTrans filling stations
- 57 “Trassa” fuel complexes
What people are saying
temporary shortage of free cash in accounts due to uneven revenue receipts
Sources
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