Economics
Oleg Deripaska Plans on Keeping Control of Rusal
- U.S. has offered to lift sanctions if Deripaska leaves Rusal
- The Kremlin has no plans to nationalize the aluminum company
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Oleg Deripaska plans to keep control of United Co. Rusal even as the Russian aluminum giant battles for survival in the face of harsh U.S. sanctions, according to people familiar with the matter.
Deripaska is counting on lobbying by European governments to help ease the U.S. sanctions, said the people, who asked not to be identified. In recent days, he’s reshuffled top managers to focus attention on the sanctions, and plans to be directly involved in the situation, said the people.