Shares of “EuroTrans” fell after the court decision on the claim of “Sber” for bankruptcy

Shares of the company “EuroTrans” (EUTR), which manages the network of gas stations “Trassa”, accelerated the decline at auction on Thursday, November 12. By 14:56 GMT, quotes lost 5.9% and fell to у12.85 per paper.

The fall was observed against the background of a report that the arbitration court of the Moscow region recognized as justified the statement of Sberbank of Russia on the bankruptcy of PJSC Eurotrans. The court introduced a monitoring procedure against the debtor and included the debt to the applicant in the register of creditors of the debtor.

Consideration of the case on the merits, the court appointed for May 24.

Earlier, the fuel operator received a number of major lawsuits from creditors. And on October 12, Sberbank filed a lawsuit for bankruptcy of PJSC EuroTrans. A similar intention was also stated by the Bank “Russia”.

In 2026, EuroTrans faced a crisis. In the first half of 2026, the company's revenue decreased by 28.5%, to ом76.6 billion, compared to the same period last year. Net loss was исты5.7 billion against net profit исты3.2 billion a year earlier.

In September, EuroTrans made a full default on coupon payments on all issues of exchange bonds. We are talking about seven issues of exchange bonds and three issues of corporate bonds with a total volume of в27.1 billion. According to Cbonds, the issuer’s public debt is $408 million ().33.7 billion).

In addition, in September were detained top managers of the company in the case of theft of motor fuel. At the end of the month, the court arrested 44% of EuroTrans shares worth about у1.6 billion owned by the chairman of the board of directors of the company Igor Martyshov.

The Ministry of Energy of the Moscow region on November 8 reported that the network of filling stations “Trassa”, owned by “EuroTrans”, suspended work. Of the 53 filling stations of PJSC “EuroTrans”, the Trassa brand does not operate all 53 filling stations. Currently, the owner of the company’s property, Gazprombank Leasing, is seizing all 57 filling stations (53 – Moscow region, four – other entities). — RBC) — said in the message. PJSC “EuroTrans” faces bankruptcy proceedings, the Ministry of Energy specified.

Against this background, the company's shares at auction on November 9 fell by more than 20% and the Moscow Exchange launched a discrete auction on them.

Since the beginning of the year, EuroTrans shares have fallen by more than 90%. Since September 18, the Moscow Exchange transferred the shares of EuroTrans to the third level of the list of securities admitted to trading. Previously, the company's securities were included in the first level. Also, since September 18, the exchange has included EuroTrans securities in the sector of high investment risk companies. Papers were excluded from the indices of the consumer sector, broad market, medium and small capitalization.

"EuroTrans" is the operator of the network of filling stations "Trassa", operating in Moscow and the Moscow region. The company ranks second in terms of sales among independent operators of gas station networks in the region. In total, the company owns 57 Trussa filling complexes. In the Moscow region there are 53 refueling network, four more are in other regions. In addition, the network includes a fleet of gas tankers, an oil depot, a plant for the production of glass washing liquid, a kitchen factory for the production of its own cafes, as well as four restaurants.

The company conducted an IPO on the Moscow Exchange in November 2023. As part of the transaction, the company sold its shares at у250 per share and raised у13.5 billion on the exchange. As a result of the IPO, EuroTrans shares were included in the first quotation list of the exchange, which includes the most liquid securities.