Russia’s Only Domestic TV Maker Declared Bankrupt
- A Moscow court has declared Russia’s only domestic television manufacturer bankrupt, the newspaper Kommersant reported Monday, citing court records.
- Consumer electronics retailer DNS filed a bankruptcy petition against the manufacturer, Kvant, last June over an unpaid debt of more than 654 million rubles ($8 million).
- DNS owns the in-house TV and electronics brand Irbis, which Kvant stopped producing last year due to high costs and low demand.
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- A Moscow court has declared Russia’s only domestic television manufacturer bankrupt, the newspaper Kommersant reported Monday, citing court records.
- Consumer electronics retailer DNS filed a bankruptcy petition against the manufacturer, Kvant, last June over an unpaid debt of more than 654 million rubles ($8 million).
- DNS owns the in-house TV and electronics brand Irbis, which Kvant stopped producing last year due to high costs and low demand.
Sources: Themoscowtimes