Date: 7 months ago   Category: Industry

Stocks of RUSAL and depository receipts of En have risen against the background of the message of the Ministry of Finance of the USA — Rambler News Service


Photo: sheet/PhotoXPress.ru Stocks of RUSAL and depository receipts of the En company on Monday have risen at the beginning of the auction against the background of messages of the Ministry of Finance of the USA. The maximum growth of shares of RUSAL at the Moscow Exchange has made 2,9%, and global depository receipts of En have increased the cost by 9,9% in the maximum value. On September 22 the division of the Ministry of Finance of the USA of OFAC (Office of Foreign Assets Control) has granted a delay to the En Group and RUSAL companies from entry into force of the American sanctions in full. Earlier the Ministry of Finance of the USA has allowed the companies to make new transactions with the enterprises under control to Oleg Deripaska, including with RUSAL in case contractors already concluded similar agreements earlier. The Ministry of Finance of the USA has imposed on April 6 sanctions against the Russian 24 physical and 14 legal entities. I have fallen under sanctions, including the businessman Oleg Deripaska and the companies under control to him — En Group, GAZ Group, Basic Element, RUSAL. Later in the USA have specified that sanctions can be partially removed from RUSAL on condition of refusal of the businessman of control in the company. In July the Finance Minister of the USA Stephen Mnuchin has said that department conducts productive negotiations with RUSAL. He has noted that the purpose of the USA is "change of behavior of the Russian businessman".

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