Uralmashzavod owes creditors 1.7bn

OAO Uralmashzavod’s debt to creditors reached 1.7 billion RUR at the end of 2009; this figures included 79.9 million RUR to be paid to the budget. The machine-building plant’s pre-tax book loss amounted to 1.2 billion RUR in January-December 2009.

These data were provided by Sverdlovsk Region Union of Machine-Building Enterprises, of which OAO Uralmashzavod is a member.

At the same time, the plant had nothing in terms of accounts receivable in January-December 2009.

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