JSC "VEF Radiotehnika RRR" informs that on May 7th, 2014 Riga city Kurzemes region court instituted JSC "VEF Radiotehnika RRR" the insolvency process. At the same time JSC "VEF Radiotehnika RRR" informs that insolvency request will be withdrawn in the next few days, because JSC "VEF Radiotehnika RRR" has fulfilled all the obligations on its part to "Avocet Lifting".