A working group will be created to save the Institute of Glass

01.11.2021
A working group will be created to save the Institute of Glass

Chairman of the State Duma Viacheslav Volodin today during his working visit to the region visited the Saratov Institute of Glass.

Recall that the company has been in bankruptcy proceedings since 2019. Financial problems for SIS began after the state corporation VEB.RF demanded that it return the funds invested in the modernization of production. Lenders refused to enter the position of the plant, which required time to start up and debug a new furnace. As a result, he began to accumulate debts to suppliers, resource companies, and his own workers.

Last week, employees of the Institute went out into the street with placards, demanding that the enterprise be kept. The plant's management said that the creditors were asked to conclude an amicable agreement. VEB.RF stated that it is interested in preserving the enterprise.

Volodin said that "it is necessary to preserve the workforce and the profile of the enterprise," which is one of the leading centers for research and development in the industry and for the production of float glass.

The accounts payable of the "Institute" exceeds 1.4 billion rubles. The situation was aggravated by a technological accident, which did not allow reaching the planned capacity.

The speaker of the State Duma proposed to create a working group, which will include investors and creditors.

"It is easy to close it, to auction it off is easy, then we will not restore it," the politician warned.

Source: https://news.sarbc.ru/

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