Head of Interros and one of the main shareholders of Norilsk Nickel Vladimir Potanin has recommended the managers of the Russian mining and metallurgical company to launch a new round of talks with UC RUSAL on the divestment of energy assets into an independent company, the Russian businessman told journalists today. Potanin noted that he [...]

Norilsk Nickel and Fortum have called off a deal on the Finnish energy concern buying a stake in Kolenergo, the biggest electricity producer in northwestern Russia, Fortum said Friday.
Under an agreement signed on November 25, 2005 Fortum was to acquire a 24.83% in Kolenergo. The deal would have also strengthened Fortum’s position in Territorial [...]