14 Mar 2022 12:51

Makhmudov, Bokarev no longer controlling beneficiaries of four UMMC entities

YEKATERINBURG. March 14 (Interfax) - Iskander Makhmudov and Andrei Bokarev are no longer the respective controlling beneficiaries of OJSC Ural Mining and Metallurgical Company (UMMC), JSC MC Kuzbassrazrezugol , JSC Vostochny Port , and JSC Rosterminalugol, and they have also exited the boards of directors of the companies, UMMC's press service said.

"All the enterprises of the UMMC group continue to operate as usual, thereby ensuring the continuity of the production process, timely fulfillment of all obligations to their employees, customers and other partners, as well as maintaining stability in the regions of presence," according to the statement.