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2010 April 6   11:43

Kalachevsky Port’s accounts and assets arrested

The regional Arbitration Court of Appeal ruled to place a lien on assets and accounts of Kalachevsky Port OJSC (Volgograd Region) as it owes about 1 million rubles to the Federal Pension Fund. Officers of the court arrested the company’s accounts and a self-propelled cleaning station providing maintenance service for transit ships, part of the port’s assets, the regional Pension Fund said. The cost of the arrested service ship exceeds many times the amount of the port’s debt.

Port Kalachevsky is located on the left bank of the River Don in an artificial backwater of Tsimlyansk Reservoir. It is the north port on the intersection of South and South-West waterways routes. In October 2009, the Volgograd Regional Administration acquired 62% stake in Kalachevsky Port OJSC.

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