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Applicants seek to recover $44.1 million from FIFA World Cup’s IT contractor

Staff Writer | August 13, 2018
Several Russian organizations have filed motions with the Moscow Commercial Court seeking to recover about 3 billion rubles ($44.1 million) in debt from Asteros company, an IT contractor for the FIFA 2018 World Cup in Russia, the court’s ruling reads.
Asteros company
Russia   The safety concept along with its “clean zone” were developed by Asteros
Russian Capital bank seeks to recover 1.9 billion rubles ($27.9 million), MTS-Bank seeks 353.4 million ($5.1 million), LOKO-Bank seeks 298.4 million ($4.3 million), Russia’s Federal Tax Service seeks 107.7 million ($1.5 million), Borlas Group seeks 51.7 million ($760,200), the United Basketball League seeks 14.8 million ($217,600).

On July 12, the court initiated a monitoring procedure against the company.

On July 5, Russia’s largest bank Sberbank filed a bankruptcy claim against Asteros.

The safety concept for one of Russia’s largest sports complexes Luzhniki along with its “clean zone” inside the object were developed by Asteros.