Moscow Credit Bank intends to bankrupt Tsentrobuv
18.11.2015 3373

Moscow Credit Bank intends to bankrupt Tsentrobuv

Moscow Credit Bank (MKB) decided to appeal to the arbitration court to declare the debtor company Centrobuv insolvent.

The revenue of a major shoe retailer last year amounted to 41,1 billion rubles, an increase of only 0,5%. At the end of the 2014 of the year, Tsentrobuv operated 1360 facilities. Recently, Tsentrobuv announced the suspension of the franchise program and now works only with existing franchisees.

Credit Bank of Moscow (MCB) decided to appeal to the arbitration court to declare the debtor company "Tsentrobuv" insolvent.

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