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

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.