Monthly Highlights from the Russian Arctic, August 2024
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our focus lies in identifying the factors that contribute to pollution and climate change.
News
Publish date: October 30, 1998
Written by: Thomas Nilsen
News
Three weeks ago, Leningrad nuclear power plant was sued by the company Rosvooruzheniye KBR, which holds two million roubles in promissory notes issued the nuclear power plant. The Arbitrage Court of St. Petersburg agreed to open the bankruptcy case, but on Thursday October 29, the court said they need a financial analysis before they can continue with the court hearings.
According to St. Petersburg Times, the law firm Grigoryev & Co, which represent Leningrad nuclear power plant, says the economical analysis could take up to three months. The law firm said that the nuclear power plant’s balance of claims and liabilities is positive. The plant has a debt receivable of 3,9 billion roubles ($224 million) and accounts payable of 3,8 billion roubles effective August 1.
"The bankruptcy of Leningrad nuclear power plant, which slowly pays off its debt, would be unfavourable for both the company and its creditors," said Aleksandr Gregoryev, representative of the law firm on behalf of the nuclear power plant.
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our focus lies in identifying the factors that contribute to pollution and climate change.
Introduction Competitiveness has been the dominating topic in EU political discussions in recent months and is set to be a key focus of the upcomi...
Russia is a world leader in the construction of nuclear power plants abroad. Despite the sanctions pressure on Russia since its full-scale invasion of Ukraine in 2022, its nuclear industry has remained virtually untouched.
Today, the Bellona Foundation is launching the establishment of the Center for Marine Restoration in Kabelvåg, Lofoten. At the same time, collaboration agreements related to the center were signed with Norrøna, the University of Tromsø, the Lofoten Council and Blue Harvest Technologies