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Court seizes shares of sanctioned oligarch Novinsky in several companies in Ukraine - Vimarsana News

Court seizes shares of sanctioned oligarch Novinsky in several companies in Ukraine

The Shevchenkivsky District Court of Kyiv has seized the corporate rights of 72 companies associated with the assets of the pro-Russian oligarch Vadim Novinsky, controlled through Smart Holding or through affiliated offshore firms.

Metinvest cuts use of its facilities by over 40% due to destruction, number of restrictions caused by war – CEO - Vimarsana News

Metinvest cuts use of its facilities by over 40% due to destruction, number of restrictions caused by war – CEO

Metallurgical and mining group Metinvest has reduced the use of capacities of its enterprises by more than 40% in total due to destruction, logistical problems and other restrictions caused by Russia's military aggression in Ukraine, company's CEO Yuriy Ryzhenkov said in his online speech at the US Steel Success Strategies 2022 conference.