Support The Moscow Times!

Now is the time to support independent reporting from Russia!

Contribute Today

Evraz Mine Stake for Sale

Roman Abramovich and his partners in Evraz Group are seeking to sell their stake in coal producer Raspadskaya, said two people familiar with the matter.

Steelmaker Evraz and Raspadskaya's management are each seeking to sell 40 percent of the company and hired Deutsche Bank and Morgan Stanley to find a buyer, the people said, declining to be identified because the information is private.

Raspadskaya, once the largest supplier of coal to Russian steelmakers, fired the head of its flagship mine last year after 90 miners died in a series of explosions.


Read more

Russia media is under attack.

At least 10 independent media outlets have been blocked or closed down over their coverage of the war in Ukraine.

The Moscow Times needs your help more than ever as we cover this devastating invasion and its sweeping impacts on Russian society.