Potanin wants to return a quarter of Norilsk Nickel to employees
[ad_1]
Vladimir Potanin, the owner of the Interros holding, believes that Norilsk Nickel employees should become the beneficiaries of 25% of the enterprise, as it was before privatization. He called the transfer of a 50% stake in Rosbank to the fund named after him “people’s capitalism” and expressed the hope that such a program would be implemented in Norilsk Nickel.
According to Vladimir Potanin, Norilsk Nickel employees “were not able to take full advantage of this type of investment”, so many sold these shares. “I would like to restore this historical justice and bring 25% of Norilsk Nickel shares back to people, including employees,” Mr. Potanin said in an interview. RBC.
On September 14, it became known that Vladimir Potanin will give 50% stake in Rosbank, purchased at Societe Generale, the Potanin Foundation. 10% of the shares will go to the incentive program for Rosbank employees.
ONEXIM-Bank, owned by Vladimir Potanin, bought out 38% of the charter capital (51% of voting shares) of Norilsk Nickel at a loans-for-share auction in 1995 for $170.1 million. In April 1996, Mr. Potanin was appointed a member of the board of directors of Norilsk Nickel, in accordance with a government decree. A few months later, he was elected to the board of directors, a position he held until June 1998.
[ad_2]
Source link