Businessman Dmitry Pumpyansky is taking his assets offshore.
The Pipe Metallurgical Company has found a buyer for its American subsidiary. The status of the main owner of the company has grown by almost $ 100 million.
Controlled by the oligarch, the Pipe Metallurgical Company will continue to ship steel in the United States, despite 25 percent duties. The company and Pumpyanskogo itself has impressive debts, plus a businessman needs to finish building a luxurious 100-meter mega-yacht Project Blade.
The company asks to withdraw guarantees from TMK IPSCO.