Meaning of 'Konkursnoe proizvodstvo'

[FRISON Philippe]

Could somebody on the list confirm me whether 'konkursnoe proizvodstvo'
means 'liquidation' or not?

Best regards

Philippe FRISON

E-mail: Philippe.Frison at Coe.fr
Conseil de l'Europe
Bur. EG 104
F - 67075 Strasbourg Cedex