Regions :: Eastern Europe :: Russia
Uralkali CEO Vladislav Baumgertner released from house arrest
12:13 AM MST | November 22, 2013 | Natasha Alperowicz
Vladislav Baumgertner, CEO of potash major Uralkali was on Thursday released from house arrest, his lawyer Alexei Basistov said. Belarus had earlier agreed to extradite Baumgertner to Russia only a few days after billionaire Mikhail Prokhorov agreed to buy Suleiman Kerimov’s 21.75% stake in Uralkali. Belarus asked for a change in ownership before any prospect of a resumption of joint potash marketing. Baumgertner was arrested on 26 August after Uralkali pulled out of a potash marketing venture with Belaruskali, which hit global potash...
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