USM Holding Will Send 2 Billion Rubles to Fight against Coronavirus
Funds allocated by shareholders will be provided free of charge for use in the priority areas of the headquarters work - first of all, financing will be directed to the purchase of protective equipment for medical workers and volunteers, their transportation support, as well as material support for medical personnel and persons involved in activities to provide care and treatment of victims of coronavirus. It's also noted that at the moment the holding is already assisting the headquarters in the procurement and delivery of protective equipment and other equipment.
USM is a diversified Russian holding company that owns and manages assets in the fields of metallurgy and mining, telecommunications, technology and the Internet. Its assets include Metalloinvest, Megafon, the Baikal Mining Company, and USM is also a shareholder of Mail.ru Group. The main shareholders of the holding are Alisher Usmanov, Vladimir Skoch, Farhad Moshiri and Ivan Streshinsky.