Support The Moscow Times!

Putin Weighs In On Norilsk

President Vladimir Putin said Monday that he hoped a long-running shareholder conflict at Norilsk Nickel will be resolved soon.

"This situation has changed for the better thanks to the company's management and the owners' sense of social responsibility, although they have not yet resolved all their issues," Putin said during a meeting with coal and mining industry representatives in the Kremlin to mark Miners' Day, an upcoming industry holiday.

"We hope all their disagreements will be resolved in the interests of [Norilsk Nickel] operations and the people who work at its plants," he added.

Businessman Vladimir Potanin is the largest shareholder in Norilsk. He has been locked in a struggle for control of the Arctic miner with Oleg Deripaska, whose aluminum company, RusAl, owns a 25 percent stake in Norilsk.

(Reuters)

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more