The mobile operator is ready to consolidate 100% of the retailer.
MegaFon will acquire a 50% stake in Euroset from VimpelCom and will own up to 100% of its shares. VimpelCom will buy half of the retail outlets of the chain.
It is now difficult for the Russian investors to do business in Europe.
Tax claim of the Tajikistani officials are forcing the companies to think about leaving this market.
Shareholders of Alpha Group may face claims on multi-million dollar bribe in the European Union.
Operational managers replaced anti-crisis ones.
This will happen if MegaFon will accept the offer of VimpelCom.
Kjell Morten Johnsen, who had been appointed as CEO of VimpelCom in September, gave an interview to RBC, talking about new pricing principles, how long he would work on that position and what reforms would be needed on the telecom market.
Only 1/7 of Mikhail Slobodin's pillage will be confiscated.
The entities of Viktor Vekselberg corrupted the republic of Komi.
As part of a bribery case in Komi, the Investigative Committee detained two top managers of Viktor Vekselberg's companies: Managing Director of Renova, Yevgeny Olkhovik, and general director of T Plus, Boris Vainzikher. The third person involved is the former head of the T Plus and CEO of VimpelCom. Mikhail Slobodin, who said he was leaving VimpelCom at midnight.
Over the last two years, retail sales decreased by 12%, while net profit fell almost five times.
The former CEO of one of the largest telecom operators, Vimpelcom, Jo Lunder, has been arrested in Oslo. The arrest is related to anti-corruption investigation against Vimpelcom business in Uzbekistan.
The nonprofit organization is unlikely to be able to continue to exist.
He helped his friends in London to buy Moy Bank, whose former owner Gleb Fetisov turned up in jail after the deal.
President of the Norwegian company Telenor leaves the VimpelCom Supervisory Board due to a corruption scandal in Uzbekistan.