The Arbitration Court of Moscow accepted for proceedings three lawsuits from the Ministry of Defense of the Russian Federation against the St. Petersburg NPO "Zavod Volna" for 173.7 million rubles. The date of the meeting has not yet been set.
All disputes are related to delays in deliveries under the state defense order - this is the recovery of penalties.
The arbitration court has not yet begun to consider two disputes on the merits, the third is related to a delay of 1 year and 2 months in the supply of equipment under a contract dated July 2022 for 118.5 million rubles.
The company's CEO, Evgeny Rylov, spoke in detail about the reasons why the company found itself in the role of defendant.
Yes, there are lawsuits, but this is a standard situation. Now few people fulfill the state defense order on time due to sanctions, difficulties in purchasing components, and so on.
Rylov added that the company produces sought-after products for the Ministry of Defense and any public information about lawsuits has a bad effect on it.
Let us remind you that NPO "Zavod Volga" produces electronic warfare (EW) systems and automated jamming stations. The company also produces telecommunications systems, HF radio communications equipment, antenna-feeder and radio transmitting devices.