MOSCOW, February 14 (RAPSI) - The Moscow Region Commercial Court dismissed the proceedings in Khimsintez claim of bankruptcy against the Auchan retail chain, the court told RAPSI on Friday.
The court's statement reads that Auchan submitted an invoice for the payment of 28,8 million ruble debt to the claimant. The Moscow Region Commercial Court in 2013 granted Khimsintez lawsuit obligating the retailer to pay the debt of 29 million rubles. The ruling has now come in effect.
The Auchan international retail group was established in 1961 by Gerard Mulliez. It runs over 1,200 outlets in 13 countries. Auchan has operated in Russia since 2002 where it has 25 Auchan megastores, 13 Auchan City megastores, two Auchan Garden stores and two Raduga stores as of June 2010.