The federal center and the Moscow region decided to complete even the houses of "zero" readiness.
The former co-owner of the Urban Group, Andrei Puchkov, managed to flee abroad before his arrest. The main owner of the development company, "Professor" Alexander Dolgin, did it even earlier.
Former general director of the Urban Group and Ivastroya Andrei Puchkov was arrested by the court: he is charged with abuse of authority, which entailed grave consequences. The media linked the case against Puchkov with the unfinished LC "Laikovo". The owner of the bankrupt company, Alexander Dolgin, is hiding in Europe.
The development company of the Voronin clan drags out with the terms of delivery of houses and, according to rumors, received a fair financial hole from the contracts of the Urban Group "professor" Alexander Dolgin.
The Investigative Committee took the leadership of one of the subsidiaries of the Urban Group with a great delay, from which 70 to 120 billion rubles were withdrawn.
The company raised money for two-thirds of the apartments under construction, and built only one-third. The financial hole for the completion of the planned housing is more than 70 billion rubles. The leadership of the Urban Group, led by Alexander Dolgin, actively withdrew money from the company.
The insurer will need to create 9.7 billion rubles of reserves, Fitch believes.
Moscow Industrial Bank does not recognize that a loan of 640 million rubles was issued on the security of the apartments of the bankrupt construction company Urban Group.
The bankruptcy of the company Urban Group will deprive the bank of 600 million rubles of loans issued on bail and not built apartments.
Around the company the intrigue is untwisted: how much money from it and its "daughters" the fathers-founders had time to deduce, whether the main owner Alexander Dolgin will be arrested and what to do with thousands of co-investors who turned out to be on beans.
The company of Alexander Dolgin died in a falling market, leaving behind a huge unfinished.
Recipe for combating sprawl across the region dumps and a creeping crisis in the construction industry in Vorobyov there. But this does not prevent him from going to a new term, since the refusal of him can mean a term already prison.
The owner of the Urban Group, Alexander Dolgin, is ready to sell the company for 1 ruble in exchange for a lack of claims and 16 billion rubles of investment in projects. Possible partners are VTB and Promsvyazbank, he asserts. However, those of their participation deny.
Alexander Dolgin's pyramid may have far-reaching and sad consequences for developers in Moscow and the Moscow region, Khalil Aminov, a Kommersant observer, said.
The head of the Urban Group said in an interview that he was ready to give his company for 1 ruble, if there were no additional claims against her. According to experts, the company could function as a financial pyramid.
The loud program of the Moscow renovation ended on a porcelain 400 billion rubles from the unspent balances on the accounts of the Moscow government. Money for the remaining 15 years of renovation there is no place to take.
Developer-Professor Alexander Dolgin could not stand the severe test of the crisis in the Moscow real estate market.
Rosreestr has blocked the registration of new equity participation agreements by the company. Given the disruption in the construction of housing by the company Alexander Dolgin, it turned the largest developer in the Moscow region into a financial pyramid. While in the risk group more than 15 thousand equity holders.
Sberbank turned mortgage programs to purchase housing in some projects of the Urban Group. The losses of the company Alexander Dolgin can amount to 20 billion rubles a year.
Almost half of the proceeds came from 10 large companies, experts at the TsIAN estimated.
In New Moscow, 90% of apartments are sold by ten largest companies.