The Ukrainian Metal

Russia: Amurstal CEO replaced

The meeting of Amurstal shareholders decided to replace the CEO of the company.

As a result, Grigory Freidin, representing the largest shareholder – Moscow businessman Pavel Baulsky, has become the new director.

The new management suspects embezzlement of 2 billion rubles at the company.

At present the company is not operating, as there is no scrap.

Freidin has already met with the employees and refuted rumors that the salary will not be paid. (Ukrainian metal)

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