Bloomberg News

ChTPZ Seeks 30 Billion-Ruble State Guarantee, Kommersant Reports

June 05, 2012

ChTPZ Group, a Russian pipemaker, requested a 30 billion-ruble ($897 million) state guarantee to avoid a default, Kommersant reported, citing principal owner Andrey Komarov.

To contact the reporter on this story: Jason Corcoran in Moscow at jcorcoran13@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net


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