Sberbank and Alfa-Bank are also among the creditors

[tanjimajuha20]

The Moscow Arbitration Court has declared Oracle's Russian division bankrupt, opening bankruptcy proceedings against it, according to the arbitration case file. By this time, according to TASS calculations, the claims of 10 creditors of the company already amount to more than 1.254 billion rubles.

The main creditors are the jamaica whatsapp resource former official distributor of Oracle in Russia - the company "FORS - Distribution" with 440 million rubles in claims and the company "Marvel Distribution" - 425.2 million rubles. The company "FORS - Development Center" (together with "Distribution" is part of the "FORS" Group of Companies) demands 160.5 million rubles.

- their claims amount to 77.2 million and 99.4 million rubles, respectively. Other creditors include Newtech.TV (repairs communications equipment) - 8 million rubles, IT companies Infosystems Jet and the Borlas Group - 20 million rubles and 11 million rubles, respectively, as well as NEK Neva Communication Systems - 12.8 million rubles.

Oracle Case in Russia
The Russian legal entity Oracle has been in the initial bankruptcy procedure - observation - since the beginning of February. The bankruptcy case was initiated by the Russian IT company Krok, which filed a lawsuit against the corporation's division for 49.7 million rubles in June 2022 and later succeeded in recovering most of these funds.

Founded in 1977, Oracle is a software developer and major supplier of server hardware. In early March 2022, the corporation suspended all its operations in Russia.