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Former Uralkali CEO to remain under house arrest until October

8:50 AM MDT | August 4, 2014 | Natasha Alperowicz

Vladislav Baumgertner, former CEO of Uralkali (Berezniki, Russia), one of the world’s largest potash producers, will remain under house arrest until October, the Russian Legal Information Agency, Rapsi, reports. The Moscow City Court today upheld a previous court decision to extend the house arrest of the former CEO, rejecting an appeal filed by his defense, the agency says.   Uralkali in July 2013 decided to discontinue selling product through the Belarusian Potash Co., a trading joint venture with Belaruskali, which caused upheaval in the global...

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