CFRIES

Centre Franco-Russe d’Intelligence Economique et Stratégique

19 décembre 2006

MDM Founders Drifted Apart

Founders of MDM Group, Andrey Melnichenko and Sergey Popov have split the assets. Melnichenko obtained 100 percent in Eurokhim fertilizers’ maker, while Popov got 90 percent in MDM Bank. Top manager of the bank, Martin Andersson acquired 10 percent. Now, the sole common undertaking of Melnichenko and Popov is SUEK coal company, where its General Director Vladimir Rashevsky is a minority holder. Andrey Melnichenko and Sergey Popov swapped the stakes in MDM Bank and Eurokhim, which they had owned on parity basis, their spokesmen said in... [Lire la suite]
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