News about Eurotrans: events, facts and developments on tafs uz.
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Trading in Eurotrans shares on the Moscow Exchange was switched to a discrete auction mode after quotes fell by more than 20%. This happened against the backdrop of the shutdown of all 53 gas stations of the Trassa chain in Moscow and the Moscow region, the lessor's seizure of 57 complexes, and the upcoming November 12 hearing of the company's bankruptcy petition.
Otabek YusupovOn the morning of November 9, shares of Eurotrans PJSC, which operates the Trassa filling station chain, lost up to 12.65% of their value on the Moscow Exchange following reports of the complete shutdown of all 53 stations in the network across the Moscow region. The stations' owner, Gazprombank Leasing, has begun seizing them from the operator; the company also faces claims from the tax service and the Federal Antimonopoly Service.
Otabek YusupovAll 53 Trassa filling stations in Moscow Region have ceased operations after 30 years in business. The lessor Gazprombank Leasing is seizing 57 stations, and about 1,400 employees have been sent on forced downtime but cannot receive two-thirds of their salary due to frozen accounts. The company has previously defaulted on its bonds and faces bankruptcy.
Otabek Yusupov
