date:Aug 25, 2014
old his stake to son-in-law Gleb Frank.
Timchenko has no influence over the firm any more. We have totally distanced ourselves from that business, a spokesman for Timchenko said.
GREAT EXPECTATIONS
Meat firm Ros Agro also saw steep stock price gains.
Its CEO Maksim Basov said the company would benefit from the bans.
Prices will at least not fall. We will have opportunities to increase production. Competition will fade, we will develop. We expect phenomenal results in all business segments,