Yandex founder may trade control of the company for the opportunity to withdraw some assets abroad - The Bell

Yandex founder may trade control of the company for the opportunity to withdraw some assets abroad - The Bell
Photo by Bekzhan Talgat / Unsplash

As a result of the possible division of the company's assets with its founder Arkady Volozh, control over Russia's Yandex may change

The company may have new shareholders and management structure. In this case, Volozh will have an opportunity to develop some of its assets abroad independently of the company.

The founder of Yandex is being helped in this plan by the head of the Accounts Chamber Alexei Kudrin.

Roman Abramovich does not participate in the possible division of Yandex assets, according to the representative of the businessman.