Salem Radio Network News Thursday, October 6, 2022

Business

Nornickel to raise employees’ stake in the firm within 10 years – Potanin

MOSCOW (Reuters) – Russian businessman Vladimir Potanin, the top shareholder at mining giant Nornickel, on Saturday proposed a 10-year programme that would raise the equity holdings of individuals, including that of its employees, to 25% from 10% now.

Speaking to RBC TV, Potanin said the so-called ‘Digital Investor’ programme would begin in 2023 and include digital financial assets and lock-up periods.

(Reporting by Polina Devitt, Anastasia Lyrchikova and Alexander Marrow; Editing by Louise Heavens)

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