MOSCOW, September 12 - RAPSI, Sergei Feklyunin. The Moscow Commercial Court has set October 11 for its hearing of Dzerzhinsky Trade Center's application for PIK Group's bankruptcy, a court spokesperson told the Russian Legal Information Agency (RAPSI).

The PIK Group was established in 1994. It is currently engaged in residential development projects in Moscow and Moscow Region, as well as other parts of Russia. Two judgments against the developer, for about $83,092, have already entered into force.

Both parties refused to comment to RAPSI.

The Dzerzhinsky Trade Center of Nizhny Novgorod filed its application for the bankruptcy of the PIK Group on September 5.