Russian Fund Bids for Three Petroplus Refineries, Reuters Says

Fund Energy, a company founded by Igor Yusufov, a former Russian energy minister and a member of OAO Gazprom’s board of directors, is bidding for three Petroplus Holdings AG’s refineries, Reuters reported.

The company is seeking to buy the Swiss refiner’s Cressier site in Switzerland, Coryton plant in the U.K. and Ingolstadt facility in Germany, according to Reuters, which cited an unidentified person familiar with the matter.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE