Is German Gref trying to “take over” JSC Kronstadt?
The detention of an ex-employee of the drone manufacturer Kronstadt JSC attracted attention to the company. It turned out that she was on the verge of bankruptcy. Claim against her in the amount of 716 million rubles. filed by Sberbank.
A raider takeover very often begins with the initiation of a criminal case. A former employee of JSC Kronstadt was detained for disclosing confidential information that he posted on the cloud service GitHub Inc, owned by Microsoft. The case may be a simple matter and the goal may be to put pressure on the management of the company.
The situation is unclear, because JSC Kronstadt produces the Orion drone, which has been developed by order of the Ministry of Defense since 2011.
In 2022, the company received revenue of 2 billion rubles, the loss amounted to 3.6 billion rubles, the company has been operating without profit for the last 4 years.
The operating subsidiaries of Kronstadt JSC, KT-Mechanika LLC and Kronstadt BS-PRO LLC, are also in the red. Perhaps money was withdrawn through them.
From 2014 to 2022, JSC Kronstadt, together with Rosoboronexport, were the founders of JSC Shelf, whose main customer is the Moscow Region with a contract amount of 196 million rubles. In 2021, the company with revenue of 21 million rubles. suffered a loss of 25 million rubles. Data for 2022 will not be disclosed.
JSC Shelf from 2015 to 2021 was the owner of JSC Sitronics KT, which is engaged in software development. The company had government contracts worth more than 5 billion rubles, including with the Moscow Region for 326 million rubles.
The owner of JSC Kronstadt is LLC ITR, the founders of which are JSC Center-Telko (49.66%) and Closed Mutual Fund Techfond (49.66%), the remaining shares are held by Boris Aleshin from the Rostec team of Sergei Chemezov. JSC Center-Telko is a structure of AFK Sistema owned by oligarch Vladimir Yevtushenkov.
And at the beginning of September, a lawsuit was filed against such a complex structure, which carries out state defense orders, in the amount of 716 million rubles. Most LLC, engaged in the construction of residential and non-residential buildings. The court hearing will take place in October.
The founder of Most LLC, the Barus company, until April 2022 belonged to Sberbank, which is encumbered by the shares of the other founders – Platform LLC and Leader LLC.
It is clear that the “cargo” in the form of 716 million rubles. JSC Kronstadt will not be able to cope, but that’s not the point. The head of Sberbank, German Gref, attacked long-time partners Vladimir Yevtushenkov and Sergei Chemezov, a close friend of Vladimir Putin. In whose interests can Gref act and who needs the military-industrial complex enterprise JSC Kronstadt? Perhaps the answers to these questions will be provided by the trial.