Business · Companies · 13 hrs ago
Moscow court starts bankruptcy process for Medvedchuk-linked fuel company
A Moscow court has begun bankruptcy proceedings against Tradeproject, a company whose beneficiary is Ukrainian politician Viktor Medvedchuk.
Tradeproject owns the Signal and LTK fuel station networks in several Russian regions.
The Moscow Credit Bank sought the proceedings after Tradeproject failed to meet obligations on a loan taken in February 2024.
The bank is seeking 2.684 billion rubles, including unpaid interest.
Tradeproject reported combined losses of more than 746 million rubles in 2024 and 2025.
The court has ordered the first stage, called observation, in which a temporary administrator will review the company’s records and financial condition.
This process will help establish Tradeproject’s financial position, but the sources do not say what decision the court will make after the review.
A Moscow court has begun bankruptcy proceedings against Tradeproject, a fuel company linked to Ukrainian politician Viktor Medvedchuk.
The court introduced a monitoring procedure, the first stage of bankruptcy, under which a temporary administrator will review the company’s documents and finances.
Moscow Credit Bank sought the proceedings after Tradeproject failed to meet its obligations on a loan.
The bank asked the court to recover 2.684 billion roubles, including unpaid interest.
Tradeproject owns fuel station networks, including Signal and LTK.
- Who
- Tradeproject, whose beneficiary is Viktor Medvedchuk.
- What
- A Moscow court began bankruptcy proceedings and introduced a monitoring procedure.
- When
- The court decision was reported on October 29, 2026.
- Where
- Moscow, Russia.
- Why
- Moscow Credit Bank sought bankruptcy proceedings after Tradeproject failed to meet its loan obligations.
This story does not have two clearly opposing sides.
Tradeproject became the owner of fuel station networks in the Tyumen, Kurgan and Lipetsk regions.
Tradeproject took a 2.02 billion-rouble loan from Moscow Credit Bank, secured against its property.
Moscow Credit Bank asked a court to recover 2.684 billion roubles from Tradeproject.
The Moscow court introduced a monitoring procedure for Tradeproject.
- Company
- Tradeproject
- Beneficiary
- Viktor Medvedchuk
- Creditor
- Moscow Credit Bank
- Loan
- 2.02 billion roubles, taken in February 2024
- Claim
- 2.684 billion roubles, including unpaid interest
- Fuel station brands
- Signal and LTK