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News Oleg Deripaska changes ownership structure of Serebryansky Cement Plant

Oleg Deripaska changes ownership structure of Serebryansky Cement Plant

Written by Global Cement staff 05 July 2019
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Russia: Oligarch Oleg Deripaska has moved the ownership of BaselCement’s Serebryansky Cement Plant by MKAO Fenestraria Consultants from Cyprus to Kaliningrad, Russia. Companies associated with Deripaska underwent redomiciling procedures in May 2019, according to Interfax. The change follows the creation of Russian special administrative regions in 2018 to encourage companies to relocate domestically in response to international sanctions.

Last modified on 10 July 2019
Published in Global Cement News
Tagged under
  • Russia
  • BaselCement
  • corporate
  • Plant
  • Cyprus
  • GCW413

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