Tenron

History

2026: The court ordered the microelectronics manufacturer Element to pay debts for the purchase of Tenron

In mid-January 2026, it became known that the Moscow Arbitration Court ordered the Russian microelectronics manufacturer Element to pay off the debt for the purchase of Tenron, a subsidiary of AllianceElectronics JSC (formerly Rosel Trading House JSC, part of Rostec). The amount of debt is 10.9 million rubles.

According to CNews, Element PJSC signed an agreement with AllianceElectronics JSC on the purchase of Tenron at the end of December 2024. And in the summer of 2025, the seller appealed to the court with a demand to oblige the buyer to pay the debt as part of the transaction. At the same time, AllianceElectronics demanded, in addition to the main debt, to collect interest for the use of other people's money for the period from December 24, 2024 to August 14, 2025 (until the filing of the claim) in the amount of 1.4 million rubles.

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Фото: Freepik

Market participants believe that the debt could arise due to the complex structure of the transaction. It could consist of several stages, payments for which depended on the fulfillment of any conditions in the future. In addition, the acquired asset could include several subsidiaries. In the press service of "Element" I comment on the situation as follows:

AllianceElectronics, together with its subsidiary Tenron, are part of the Element group of companies. The transaction between the companies is of the usual economic nature. The [court's] decision will come into force in January 2026 and will be executed by the "Element."

AllianceElectronics JSC was declared bankrupt in January 2024. The company specialized in the supply of technological equipment, electronic component base of domestic and foreign production and consumables. In turn, Tenron is engaged in wholesale trade in production electrical equipment.^[1]

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