Investor Andrey Lavrentiev , who bought the metallurgical company ArcelorMittal Temirtau (now QARMET), has repaid debts to employees and suppliers, Minister of Labor and Social Protection of the Population Svetlana Zhakupova said at a CCS briefing .
How much debt did AMT have? Zhakupova reported that about 286 million tenge were allocated for repayment.
“The new investor assumed obligations for the debts that Arcelor, the former investor, had. And repayment of debts to employees, even to the extent of repayment of debts to suppliers. About 286 million will be used directly to pay off debts,” Zhakupova said.
The minister added that the employees have already received the money – there are no arrears either in salary or in payments to the Unified Pension Fund.
Context. In early December, it became known that ArcelorMittal Temirtau faced financial problems due to the blocking of its accounts by court decision. The reason for this was a lawsuit with the contractor Backup Service Resorts LLP (BSR), which provided food and recreation services for AMT workers.
The company then stated that, due to the blocking of accounts, they could not transfer pension contributions and contributions to the Compulsory Medical Insurance Fund (CMHI) to all employees for October. Including those injured during the accident at the Kostenko mine. The miners in need of treatment feared that they might be left without medical care
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