By Victor Duda
5 billion, which formed the expense of the Web Russia - the State Corporation of Development of Russia and the National Welfare Fund of the Russian Federation. But in 2022, all businesses were transferred to Russia and foreign companies were lost. GTLK EUROPE was the main European office of GTLK. It worked about 30 people, mostly Irish.
After the sanctions were imposed on March 15, 2022, the employees began to be released and the company was in crisis, especially after blocking the accounts of the JP Morgan Bank. In August 2023, Teneo Restructuring Ireland was a license for the highest liquidation in Ireland's history. She had to find the GTLK Europe aircraft and ships and close the debts. It was estimated at the middle of 2023 which operated about 70 aircraft and 13 ships in 18 countries.
Teneo Restructuring Ireland was able to intercept two dozen Airbus and Boeing aircraft from the park of Easyjet, Royal Jordanian, Red Wings and others. Teneo also found three Arctic cruise vessels on a shipyard in Helsinki. Ukraine claimed part of the assets, but the London court found no grounds for claims. Last year, the liquidators began selling assets and declared plans to sell 20 aircraft by 2025.
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