Deripaska: Russia’s RUSAL to cut 2015 costs, may fire staff

MOSCOW, Jan 23 (PRIME) -- Russian aluminum producer RUSAL will reduce expenditures, and it may even delay staff in 2015, shareholder Oleg Deripaska told Rossiya 24 channel in an interview late Thursday.

“We will cut costs, we will hold further modernization now that we have resources for that. We will work on our traditional markets, first of all in Russia,” Deripaska said.

The next three years will be much tougher for the company than 2014 because of problems at banks, he said.

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