Prosecutors in the Russian region of Omsk have filed a lawsuit to recover more than 1.6 billion rubles (about $18.3 million) in unearned advance payments from MezhRegionStroy, the contractor building the Krasnogorsk hydro-engineering complex on the Irtysh River. The regional arbitration court has accepted the case and scheduled a preliminary hearing for July 30, as the contractor undergoes bankruptcy proceedings.
The lawsuit was filed on behalf of the regional authority overseeing transport and hydro-engineering projects. Due to concerns that the contractor will not resume work or return the funds, the court has seized more than 120 of the company’s assets at the construction site, including machinery, building materials, and temporary structures.
MezhRegionStroy faces a total of 6.6 billion rubles in legal claims across various disputes. The company has outstanding tax debts of more than 900 million rubles, and its bank accounts have been frozen. Furthermore, authorities have opened a criminal case against the company’s director over 55.4 million rubles in unpaid wages owed to 161 workers at the hydro-engineering project.
The Moscow-based contractor, which was founded in 2009, reported a net profit of 406 million rubles on revenue of 16 billion rubles in 2024, but did not disclose financial data for 2025. The contract for the first phase of the Krasnogorsk complex was signed in 2022. Since then, the project’s cost has increased from 4.6 billion to 5.3 billion rubles, and the completion deadline has been delayed from 2025 to 2026 due to changes in federal funding schedules.
