The arbitration court cancelled the bankruptcy procedures against Izhstal and refused to introduce supervision procedures at the Plant, the company informed.
The claim was submitted by Kamenergostroi.
The Plant (TIN 1826000655) is included into Mechel Group. The share capital is equal to 1.067bn rub. split in 800729 common and 266910 preferred stocks of 1 rub. par.
The 9-month 2013 net losses (RAS) increased 2.34 fold to 837.633mln rub. from 357.696mln rub. prior year; revenues declined 14.51% to 5.343bn rub. from 6.25bn rub.; losses from sales being up 24.38% to 380.731mln rub. from 306.114mln rub.; pretax losses- 83.76% to 792.554mln rub. from 431.294mln rub.