Deripaska cede the chair of the General Director UC Rusal to his deputy – RBC

Deripaska cede the chair of the General Director UC Rusal to his deputy – RBC

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Oleg Deripaska may cede the chair of the General Director UC Rusal his first deputy Vladislav Soloviev, told RBC source close to one of the shareholders of the aluminum companies and Deripaska’s En +. The same was informed “Interfax” referring to its sources.

Deripaska himself takes specially created position of president of the company. In fact, nothing will change, only job titles, says one of the interlocutors RBC.

In April, Deripaska has already yielded as CEO En + holding his deputy in the holding Maxim juices. After Deripaska resigned as general director of En +, he became president of the holding company.

In the report for the second quarter of 2014. the company reported that for the first time since the beginning of 2013. will make a profit. This is due to the reduction in aluminum prices after the failure. UC Rusal’s profit in the second quarter was $ 116 million, normalized net income was $ 129 million. During the same period in 2013, the company had a loss of $ 458 million, and last year’s loss of UC Rusal was $ 3.222 billion.

OK “Rusal” was formed in March 2007. the merger of JSC “RUSAL”, OAO “Sual” and Glencore International AG. The company is one of the world’s largest producers of aluminum and alumina. Assets manufacturer located in 19 countries. The company employs about 69 thousand. Man.

September 19, 2014

RBC