Mikhail Balakin

 

Developers of financial pyramids

Business23.03.2016

The construction industry is on the verge of collapse.

Sberbank has decided to bankrupt a billionaire from the Forbes list

Business20.11.2015

Sberbank demanded to recognize the bankrupcy of owner of SU-155 construction company, Mikhail Balakin, who has the 50th place in the list of richest Russians. Businessman gave personal guarantees on loans of his companies.

The Russian construction market expects the first default

Business05.03.2015

The first default is expected on the Russian construction market due to the crisis. SU-155 owned by Mikhail Balakin refused to redeem the bonds for 2.3 billion rubles.

SU-155 is knee-deep in debts

Business28.11.2014

The Moscow region government threatened the developer with bankrupcy.