Czech Company Alta Continues Supporting Russian Military Production Amid War

• •Czech company Alta services Russian military producers despite the Ukraine war.
• •Transactions involving Alta's Russian assets appear nominal, maintaining operational ties.
• •Alta continues to import and service machinery for Uralvagonzavod and Motovilikha Plants.

A joint investigation by The Insider and VoxPot reveals that Czech corporation Alta has been servicing equipment for Russia's primary tank and artillery manufacturers, Uralvagonzavod and Motovilikha Plants, despite the ongoing war in Ukraine. Alta, controlled by Vladimír Plášil, has publicly divested some Russian assets but still maintains operational ties through transactions that appear nominal. The investigation indicates that two of the four Russian companies linked to Alta were sold to lawyer Alexei Panin, who continues to represent them in Russian courts. These firms reportedly use the same infrastructure as Alta, suggesting ongoing support for Russian military production. Alta's involvement in the Russian defense sector dates back decades, and it has continued to import and service machinery from European manufacturers, circumventing sanctions. Recent court documents reveal contracts worth millions for repairs and services at Uralvagonzavod. The situation highlights the complexities of corporate ties to military operations amidst geopolitical tensions.