Gazprombank says goodbye to titanium – it leaves VSMPO-Avisma’s share capital
Edited by Rhod Mackenzie / 2014-02-27 05:24:56
As the Kommersant has got to know, Gazprombank that helped VSMPO-Avisma’s management to obtain control in the company a year and a half ago, now leaves its capital. As a result, Mikhail Shelkov and Mikhail Voevodin consolidate about 65% of VSMPO’s shares. Rostekh will maintain its blocking stake in the company, but the majority shareholders are ready to buy all its securities from the market.
The VSMPO-Avisma’s management headed by Mikhail Shelkov and Mikhail Voevodin have bought 15% of the titanium company’s shares from Gazprombank. This was told by sources that are close to VSMPO’s shareholders and confirmed by co-owner and general director of the company Mikhail Voevodin and the bank’s vice president Andrei Zokin.
