Nornickel to raise employees' stake in the firm within 10 years

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© Reuters. FILE PHOTO: The logo of Russia’s mining company Norilsk Nickel (Nornickel) is seen during the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim Shemetov

MOSCOW (Reuters) – Russian businessman Vladimir Potanin, the top shareholder at mining giant Nornickel, on Saturday proposed a 10-year programme that would raise the equity holdings of individuals, including that of its employees, to 25% from 10% now.

Speaking to RBC TV, Potanin said the so-called ‘Digital Investor’ programme would begin in 2023 and include digital financial assets and lock-up periods.

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By Reuters