Senator Sergei Pugachyov’s United Industrial Corporation will sell Severnaya Verf and Baltiisky Zavod to the state-run United Shipbuilding Corporation to raise funds for Mezhprombank, which Fitch Ratings said could have trouble paying off 200 million euros ($241 million) in eurobonds.
Green Marine
about 16 years ago
Pugachyov to Sell Shipbuilders to State
Senator Sergei Pugachyov’s United Industrial Corporation will sell Severnaya Verf and Baltiisky Zavod to the state-run United Shipbuilding Corporation to raise funds for Mezhprombank, which Fitch Ratings said could have trouble paying off 200 million euros ($241 million) in eurobonds.
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