Gref told Error owners “Transaero” – RBC

President of Sberbank German Gref

Photo: Oleg Yakovlev / RBC

The company “Transaero” was in a state of bankruptcy as a result of system errors of management for a long time, said the Eastern Economic Forum President of Sberbank German Gref. “We’re the last year and a half have been negotiating with the company, unfortunately, it is not good we heard. The company is very late asked for help, knowing that can not cope with the management, “- he said. The emergency order were forced to include creditors and the government.

On Tuesday, September 1 it was reported that at a meeting of the interdepartmental commission chaired by First Deputy Prime Minister Igor Shuvalov was decided to sell 75% plus one share ” Transaero “” Aeroflot “for a symbolic price – 1 ruble. Today, this transaction will be considered by the board of directors “Aeroflot».

At the end of 2014 long-term liabilities “Transaero” accounted for 78.18 billion rubles., Short-term – 81.24 billion rubles. (report on IFRS). The biggest airlines lenders – Sberbank and VTB. All summer the company was in negotiations with creditors on debt restructuring, in August this year it was reported that Sberbank has extended the “Transaero” kovenantnye vacation until 1 October 2015. But still I do not know how the debt will be restructured carrier. According to the “Kommersant” newspaper, lenders “Transaero” strongly opposed writing off its debts. This position, according to the newspaper, was announced at the meeting, which was attended by representatives of the Ministry of Economy, Ministry of Finance, Ministry of Transport, VTB and Sberbank.

Now to the “Aeroflot” has a difficult task of rehabilitation and reached agreement with all creditors, Gref said. Sberbank will play an active role, he promised, but did not disclose the amount of the debt. He seq AYou Sberbank will negotiate with “Aeroflot” over what planes “Transaero” company leaves itself, and which put up for sale. “I can only wish for” Aeroflot “luck. It is he really need “, – concluded Gref. Earlier, First Deputy predpravleniya Yuri Soloviev, VTB told RBC that among the creditors “Transaero” possible agreement. “Everyone is interested in that” Transaero “continued to exist”, – he said. According to him, the duty of “Transaero” in front of VTB is 12 billion rubles., But this amount includes the debt on lease payments.