Volga-Dnepr UK Ltd. (03818835): administration
- Status
- In administration
- Administration began
- 2024-01-16
- Administrators
- Matthew Steven Roe, Robert Scott Fishman
- Administrators' firm
- Teneo
- Incorporated
- 1999-08-03
- Location
- Birmingham
- Industry
- 51210 Freight air transport
From the administrators' statement
The geopolitical events commencing in February 2022 (and continuing hostilities between the Russian Federation and Ukraine) resulted in the closure of UK and EU airspace
to Russian owned, Russian registered or Russian-controlled aircraft, preventing VDUK from continuing operations. Further to this, VDUK's UCP was subjected to sanctions in two global jurisdictions.
The principal sanctions impacting VDUK and its majority shareholder, Alexey Isaykin are:
Administrators' statement of proposals (2024-03-15) · Companies House register