Monday, October 17, 2016

The media have called it unlikely that the appointment of Fradkov in the Railways – Slon.ru – Revision of business news

the Appointment of the former head of the foreign intelligence Service Mikhail Fradkov for the post of head of the Board of Directors of Russian Railways “is not likely to happen,” write “Vedomosti” with reference to sources in the company’s management and the Russian export center.

Fradkov is in the sanctions list of the European Union, so the Russian Railways management feared that in the event of his appointment, the new bondholders will require early redemption of the securities.

“the Railways Have no money, it will default,” said one of the interlocutors edition.

Fradkov were in the sanctions list in July 2014. European entrepreneurs are prohibited from doing business with entities from the list fall under the sanctions banned entry to the EU, their assets in European banks should be frozen.

that Fradkov in the near future can be promoted to a senior post in the Railways in late September, said the press Secretary of the President of Russia Dmitry Peskov.

From June 2015, the Board of Directors is headed by Deputy Prime Minister Arkady Dvorkovich. October 10, media reported that Britain can lead the Railways, and the current head of the company Oleg Belozerov will take the post of transport Minister.

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