El notes

largest business groups – «Volgaburmash» – on Friday received from the Samara branch of the bank with a demand letter within three working days to repay a loan in the 1.09 billion rubles. issued for three years in August 2008, Reason & mdash violation of the terms of the loan agreement, the letter of the bank (a copy available to «Vedomosti», member of «NOMOS» confirmed its authenticity). And according to the Arbitration Court of Moscow, the bank has already filed a lawsuit yesterday to 1.1 billion rubles. to «Volgaburmash» and two claim to 237.9 million rubles. to another group company – Samara tank factory (the FSA).

total debt of the group, according to her figures – 5.7 billion rubles., of which 1.3 billion rubles. are «Nomos». Formally, the bank could go to court, agrees to the basic owner «VBM Group» Sergey Mamedov:

«Volgaburmash» not fulfilled certain requirements, such as the speed is not maintained in the accounts at the bank at 500 million rub. month because of falling revenues in the I quarter, on several occasions to pay interest on delayed 3-10 days and the value of the collateral – Hotel «Holiday Inn» – fell «. But it is not as serious violations, said Mamedov, and the plant operates at full load, time-pays interest on all loans. Since the beginning of the year «VBM Group» paid «NOMOS» 425 million rubles. «We have asked the court to prove the weakness of claims by the bank», – he promises. Now a group has been negotiating with several banks on the refinancing of loans for 5-7 years on the security of a controlling stake «Volgaburmash», added Mamedov.

VBM Bank offers different options for restructuring the debt, but all were rejected, said the representative of «NOMOS»: there are doubts that the borrower will repay the debt in 2011, so the bank and went to court. «Nomos» Group offered to convert the debt into shares «Volgaburmash» or in a promissory note due in one month, says a source close to the VBM, but the group is not arranged.

In Council Directors of the FSA is a cousin of the premier Igor Putin recalls BKS analyst Maxim Shein: this may help in negotiations with banks, but is unlikely to be prime such as to interfere in the affairs of the group.