How Renova saved its Swiss asset from US sanctions


The company of Viktor Vekselberg sold a part of the shares, but will not get money for them.

Viktor Vekselberg's assets were frozen by $ 1.5-2 billion


The reason was the US sanctions. To save his money, the oligarch has already met with Russian Prime Minister Dmitry Medvedev.

Renova will lose control in the Swiss Sulzer


The Swiss engineering company Sulzer will buy from the company Victor Vekselberg 5 million of its shares because of sanctions against the Russian businessman by the US Treasury.