Russian Firms Form World's Largest Aluminum Maker

Oleg Deripaska (right) with Russian President Vladimir Putin in early August (ITAR-TASS) October 9, 2006 -- Russia's RusAl has announced a three-way merger to create the world's largest aluminum company. Rusal will merge with a Russian rival, Sual, and a Swiss-based company, Glencore.

RusAl is owned by the Russian billionaire Oleg Deripaska, Sual is also private-owned.


Plans for the merger were confirmed in September, after Sual co-chairman Viktor Vekselberg discussed them with
President Vladimir Putin.


(compiled from agency reports)

RFE/RL In Russian

RFE/RL In Russian


UPDATED CONSTANTLY: Visit RFE/RL's Russian-language website, featuring news, analysis, features, streaming audio, and more, in Russian, from RFE/RL's Russian Service.


ARCHIVE

RFE/RL's English-language coverage of Russia.