The Arbitration Court of North Ossetia has recognized Sevkavkazenergo as bankrupt, RIA Novosti reports.
The process on the claim of Mezhregionenergosbyt was ended on August 28. Debts were paid off to the creditors in full.
Monitoring of Sevkavkazenergo was declined in December 2011. Debts were paid off to the Generiruyushaya Kompaniya in full.
Sevkavkazenergo consists of the Alagirskoye, Ardonskoye, Arkhonskoye, Digorskoye, Irafskoye, Kirovskoye, Mozdokskoye, Pravoberezhnoye and Prigorodnoye offices. It has a total territory of 8,000 square km with a population of over 720,000 people. The company has over 157,000 clients, including 5,200 legal bodies.