Liotech
Owners:
Rusnano
Owners
The Novosibirsk plant "Liotech" - a Russian manufacturer of lithium-ion batteries - during 2015 made efforts to restructure accounts payable, but could not avoid bankruptcy proceedings.
The main areas of application of products were the electric transport market and power. The goal of the project is to fulfill strategic national tasks in the field of energy security, energy saving and the transfer of transport to an environmentally friendly energy source.
Recall that the plant was created by RUSNANO together with the Chinese company Thunder Sky in conditions of guaranteed demand - the Chinese side confirmed its intention to buy out 85% of the plant's products. The partner did not fulfill his obligations, in the future the project was implemented without his participation.
RUSNANO, as a shareholder of the company, is interested in its further development and preservation in Russia of competencies in the production of modern lithium-ion batteries. The company expects that during the observation procedure, the development of new solutions that are more in demand by the market in such promising segments for the use of electricity storage devices as healthcare, power, housing and communal services and the defense industry will be completed, which will allow the company to get out of the crisis.
Aktivs
As part of the project, a plant was built in the Novosibirsk region, the production volume of which was planned for more than 1GWh, which will allow equipping about five thousand units of electric buses per year with batteries. The launch of production was planned in the IV quarter of 2011.
History
2024: Sale for 1.75 billion rubles
In the Novosibirsk region, the auction for the sale of property of the bankrupt Liotech plant, which was previously the only manufacturer of lithium-ion batteries in Russia, was completed. This became known in August 2024. The plant was sold for ₽1,75 billion.
According to the auction protocol, the plant building was acquired by Novosibirsk LLC, "October" which offered the highest price among seven bidders. The company is engaged in real estate management and intends to use the acquired assets in its business interests.
The Liotech plant was launched in 2011 as a joint project of the Russian company Rusnano and the Chinese Thunder Sky Group. Investments in the creation of the plant amounted to ₽14,8 billion. However, despite significant investments, the company did not reach its design capacity. In 2013, the Chinese partner withdrew from the project, after which the plant was managed by Energy Solutions.
Since 2016, the Liotech plant has been in bankruptcy proceedings, and in 2018 the company was declared bankrupt with a debt of ₽9,8 billion, the bulk of which fell on obligations to Rusnano. In 2019, a settlement agreement was reached with creditors, but two years later the bankruptcy process resumed.
The Liotech plant specialized in the production of lithium-ion batteries, which were used in electric vehicles, electricity storage systems and uninterruptible power supplies for critical facilities. However, despite the uniqueness of the products, the company could not cope with financial difficulties.
In August, the plant became the property of Oktyabrskoye LLC, which plans to use the acquired assets to develop its projects.[1]
Notes
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