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GAZPROMBANK HAS BECOME THE NEW OWNER OF MEGA SHOPPING CENTERS IN RUSSIA

Gazprombank Group bought a chain of Mega shopping centers in Russia from Swedish Ingka Centers. As part of the transaction between the organizations, Gazprombank bought 14 shopping and entertainment centers with a total area of 2.3 million m2 in 12 subjects ...

Russian banks are closing their offices on a wholesale basis

... half below the previous figure. The number of head offices decreased by only 10%. At the same time, the maximum number of closings fell on both capitals and the Moscow region. VTB has already announced the start of modernization of the regional chain, Gazprombank and Rosbank have also confirmed the closure of dozens of offices, reports Izvestia. However, credit institutions have also announced the opening of new branches. The Central Bank of the Russian Federation associates the changes that have ...

MECHEL COMPANY IS ON THE VERGE OF BANKRUPTCY

... unable to repay its debts on loans taken 10 years ago to finance the construction of industrial facilities (first of all, a rail and structural steel mill). The head of Mechel is tycoon Igor Zyuzin, whose family owns 51.54% of the holding's shares. Gazprombank owns another 5.45% of the company's shares. The remaining assets are in free float. Mechel PJSC ended last year with a revenue of RUB 265 billion and a profit of over RUB 800 million. However, considering that by the end of the year, the company's ...

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