The Arbitration Court of the Khabarovsk Territory has initiated observation proceedings against Remstal Company LLC, which is engaged in the construction of the first marine terminal for liquefied petroleum gas (LPG) transshipment in the Far East. The decision was published in the file of arbitration cases. The procedure will last until December 17, 2025, and an arbitration manager has been appointed.
Remstal is implementing a terminal project in Egge Bay of the Sea of Japan, where it is planned to receive, store, and ship propane, butane, and LPG. The capacity at the first stage was estimated at 1 million tons of products per year. Supplies are intended for countries in the Asia-Pacific region. The founder of the company is businessman Rifkat Badrutdinov.
In 2024, the head of the Russian Direct Investment Fund, Kirill Dmitriev, announced agreements with the Chinese Hebei Haiwei Group to invest 7 billion rubles in the project. The total construction cost was estimated at 30 billion rubles. In August of the same year, the United States added Remstal to the sanctions list.
The initiator of the bankruptcy was ZAO Vostsibtransproekt, whose claims against the company amount to 28.5 million rubles, including debt and penalties. In addition, Badrutdinov's own structure — RC PT SDM Remstal Company LLC — declared a debt of 195.7 million rubles, the petition has not yet been processed.
According to reports, in 2019 the company's revenue exceeded 100 million rubles, but in 2023 it amounted to only 10 thousand rubles. In 2024, the figure increased to 402 thousand rubles with a loss of 22.8 million rubles. The value of fixed assets at the end of the year was estimated at 6.1 billion rubles, net assets — at 4.9 billion rubles.
The company emphasizes that the terminal project is not closed. A representative of Remstal told RBC that the situation is "absolutely controlled" and does not pose a threat to the implementation of the project. Experts note that with the active participation of affiliated creditors, the debtor can maintain control over the procedure and emerge from the crisis.
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