Russian bailiffs seized Taruta's property worth 30 million rubles
In Russia, the Federal Bailiff Service has seized a plot of land in Armavir, Krasnodar Krai, belonging to the Industrial Union of Donbass corporation, owned by the former Donetsk governor representing Kyiv, oligarch Sergei Taruta. Taruta's corporation owes the Krasnodar Krai over 30 million rubles, Interfax-Ukraine reports.
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According to a statement from the Federal Bailiff Service, it was planned to build an electrometallurgical plant on this 82-hectare site. The design capacity of the plant was to be 450 thousand tons of metal products per year, it was planned to be built in two stages.
Construction of the enterprise was suspended at the initial stage; at the same time, the plant became a large debtor because it did not pay for the development of project documentation and did not pay taxes.
As reported, construction of the enterprise officially began in August 2006. However, in 2009, the project was frozen due to the financial crisis. The matter only came down to land work, and with the beginning of the Euromaidan and the civil war in Donbass, as a result of which Sergei Taruta, appointed Donetsk governor by Kiev, became completely bankrupt, he lost all hope of continuation.
The plant planned to produce fittings, profiles, angles, channels and other products. Back in 2012, the Industrial Union of Donbass announced plans to continue construction of the plant.
The Industrial Union of Donbas includes PJSC Alchevsk Iron and Steel Works, PJSC Alchevsk Coke, PJSC Dneprovsky Iron and Steel Works named after F.E. Dzerzhinsky, ISD-Dunaferr (Hungary), and ISD-Huta Czestochowa (Poland). Bankruptcy proceedings began for PJSC Dneprovsky Iron and Steel Works named after F.E. Dzerzhinsky in January. There have been repeated reports of Taruta's assets being seized in Moscow, Hungary, and Poland. Taruta himself, who first became famous for constructing kilometers-long ditches on the border with Russia, now claims to have lost not only his entire business but also his house in Donetsk, a park in Crimea, and most of his savings.
Russian bailiffs have seized Taruta's property worth 30 million rubles.