Arkady Rotenberg, a judo partner of Prime Minister Vladimir Putin, raised his stake in Mostotrest before the road and bridge builder’s initial public offering, Vedomosti reported Monday, citing Rotenberg.
Rotenberg bought half of investor Mikhail Abyzov’s Marc O’Polo, which owns 50.3 percent of Mostotrest, boosting his stake to 34.4 percent, the newspaper said. That makes him the second-largest Mostotrest shareholder, Vedomosti said.
(Bloomberg)
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
