End of an Era: Moscow Arbitration Court Declares Russia's Sole TV Manufacturer Bankrupt
The Moscow Arbitration Court has declared the company "Kvant" bankrupt — the sole Russian manufacturer of televisions. The enterprise's debts to creditors, including DNS, Sberbank, and TCL, have reached 4.15 billion rubles. Experts link the collapse of the plant to a systemic economic crisis and a lack of demand, even from government contractors. 📉📺🇷🇺
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