RUSAL starts process to move to Russian jurisdiction - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

RUSAL starts process to move to Russian jurisdiction

MOSCOW, Aug 17 (PRIME) -- Jersey-registered Russian aluminum giant UC RUSAL, hit by the U.S. sanctions, is considering changing its jurisdiction and becoming a resident of one of the countryТs special administrative regions, the company said on Friday.

УThe board of directors decided that such a change of registration will on the whole serve the best interests of the company and its shareholders and approved a start of its preparatory process,Ф RUSAL said.

A government source said in June that RUSAL could become a resident of one of the special administrative regions that will be created the Russky Island near Vladivostok and in the Oktyabrsky Island near Kaliningrad.

On Thursday, the board of directors of En+ Group of tycoon Oleg Deripaska approved a transfer of En+ Holding Limited, a subsidiary in charge of the groupТs power industry assets, from jurisdiction of Cyprus to one of RussiaТs special administrative regions.

End

17.08.2018 08:52
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 77.6844 -0.3909 25 sep
USD 66.1594 -0.0903 25 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1162.98 +1.17 18:50 24 sep
micex 2430.01 +0.13 18:50 24 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 159.00 +0.23 18:49 24 sep
lkoh 4780.00 +0.90 18:48 24 sep
rosn 447.05 +1.51 18:48 24 sep
sber 198.75 +2.75 18:49 24 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 77.5600 -0.8850 14:59 24 sep
USDTD 65.7650 -0.7025 17:44 24 sep