Support The Moscow Times!

Troika Gets VAZ Shares

Investment bank Troika Dialog will pay for new shares in automaker

AvtoVAZ with consultation services, Vedomosti reported Thursday, citing Troika chairman Ruben Vardanyan.

Troika, which holds about 19 percent of AvtoVAZ, is owed 436 million rubles ($14 million) for advising the company on its reorganization and will waive the fees in exchange for stock, the paper reported. 


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.