The oldest machine-building plant in the Urals was declared bankrupt

The court put an end to the two-year case of the "Kyshtym Machine-Building Association"

One of the oldest enterprises in the Chelyabinsk region, the "Kyshtym Machine-Building Association" (KAMО), was officially declared bankrupt after almost two years of litigation. At a meeting on February 10, the arbitration court of the region introduced a monitoring procedure for the enterprise.

«Кыштымское машиностроительное объединение»
«Кыштымское машиностроительное объединение»

In the fall of 2025, the court seized the movable and immovable property of the enterprise as part of the insolvency case. At the same time, the court rejected the seizure of accounts and finished products, considering it an excessive punishment, as it could lead to a halt in production.

PJSC "MTS-Bank" from Moscow initiated the procedure. During the consideration of the case, the court replaced the original creditor with its legal successor — LLC "Asto Consulting".

The meeting on the results of the monitoring procedure was scheduled for June 15. Based on its results, the court will decide on possible financial recovery, external management, or transition to bankruptcy proceedings.

KAMО is the only manufacturer in Russia of certain types of mining equipment and drilling tools.

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