Billionaire Krúpa bought receivables from UniCredit for suppliers of technology to the Blanka tunnel
In total, there are three applied bank guarantees in the total amount of 175 million crowns. The Municipal Court in Prague sanctioned the transfer of receivables with its resolution last Friday.
“Arca Capital Bohemia is entering the insolvency proceedings of ČKD instead of UniCredit Bank,” said Barbora Hanáková, a spokeswoman for the group, for the daily. More than five hundred creditors have already registered their claims in the bankruptcy for ČKD Praha DIZ, entrepreneur Petr Speychal. The review will decide at the end of June which debts will be recognized.
The Prague City Court declared the bankruptcy of the engineering company ČKD Praha DIZ last September. No one opposed the company’s creditors’ proposal; the company itself joined the insolvency proceedings at the end of August. ČKD Praha DIZ led a dispute with the Prague City Hall over payments for work on the Blanka tunnel, the arbitration court ruled less than three weeks ago that Prague does not have to pay the company about 1.7 billion crowns.
UniCredit was one of the company’s largest creditors, but the Czech branch of the Russian Expobank, which applied for a receivable for almost 300 million crowns, is imaginary. For example, Lovochemie from the Agrofert holding, which wants 44 million crowns from Speychal, also holds a smaller package of receivables.