Business
Putin Seeks Quick End to Norilsk Nickel Conflict

Putin called on the core shareholders in Norilsk Nickel to resolve all existing corporate disputes
© RIA Novosti. Alexei DruzhininMOSCOW, August 20 (RIA Novosti)
Related News
RusAl chairman wants to discuss price of Norilsk stake
Norilsk offers RusAl for $8.75 bln for 15 pct share buyback
RusAl drops Corbiere deal lawsuit against Norilsk Nickel
London court to consider RusAl, Interros suits over Norilsk Nickel - paper
Interros gets four seats on Norilsk board, RusAl two - Norilsk
President Vladimir Putin called on the core shareholders in Russian mining and metals giant Norilsk Nickel on Monday to resolve all existing corporate disputes in the interests of the enterprise’s production and workforce.
Aluminum giant RusAl, owned by billionaire Oleg Deripaska with a 25 percent in Norilsk Nickel and Interros holding company belonging to tycoon Vladimir Potanin with a 28 percent share package have been embroiled in a shareholder row over control of the company since June 2010, when RusAl had lost one seat on Norilsk's board while Interros increased its control over the firm.
RusAl accused Interros of ruining the parity and the board of directors of a vote fraud.
“Up to now, they [the owners] have failed to settle all the disputes between themselves. I hope that in the interests of production and people working at the enterprise all the disputes between them will be over,” Putin said at a meeting devoted to Miners’ Day, which is celebrated in Russia on the last Sunday of August.

Add to blog
You may place this material on your blog by copying the link.
Publication code:
Preview:

Send by e-mail
Leave a comment
Most read
Top multimedia

Image Galleries: Amidst Amish Past, Russia’s Lokomotiv Sees Hockey Future

Video: Polar Night at Drifting North Pole Station: Archive Footage

Infographics: Powerful Ship-Borne Laser System

Cartoons: Polar Explorer Day










