Tushino Machine-Building Plant (TMZ)

Founded in 1932, Tushinsky Machine-Building Plant (TMZ) was one of the largest Russian aerospace enterprises. The company produced military and civilian products: front-line fighters, trolleybuses, trams, buses. In 1980-1990 the company was building a manned reusable orbiter. "Burana" In addition, the company produced, in particular, low-power power plants, autonomous industrial complexes for the disposal of worn car tires.

History

2022: Completion of bankruptcy proceedings

December 21, 2022 Arbitration Court Moscow completed the bankruptcy procedure of the Tushino Machine-Building Plant (TMZ). Here's what the court ruling says:

Claims of creditors not satisfied due to insufficient property of the debtor are considered repaid. Claims of creditors not recognized by the bankruptcy trustee if the creditor has not applied to the arbitration court or such claims are found to be unreasonable by the arbitration court are also considered repaid. Bankruptcy proceedings against the debtor are considered completed from the date of making an entry on its liquidation in the unified state register of legal entities.

Tushino Machine-Building Plant Building

On October 17, 2012, the Moscow Arbitration Court, at the request of Business Stroy Invest LLC, introduced a monitoring procedure in TMZ as part of a bankruptcy case. By that time, there were no funds in the accounts and property to satisfy the claims of creditors. The company's accounts payable exceeded 6.5 billion rubles. Earlier, the interim manager of the plant, Alexander Loginov, said that it was impossible to restore the solvency of the enterprise.

Earlier, Rostec withdrew from the bankruptcy procedure of the NGO Molniya, which was also engaged in the development of the Buran spacecraft^[1]

Notes