OREANDA-NEWS. March 10, 2011. Interros is to retain a larger number of seats on NorNickel BoD than the other major shareholder, Rusal, Interros owner, Vladimir Potanin said. “Apparently, the other NorNickel shareholders and supervisors should accustom themselves to the idea that the balance of seats on the board of directors does not at all mean equal distribution of seats between Interros and Rusal; instead, the seats are distributed in proportion to their interests in MMC share capital.

Moreover, since Rusal has to give some of its seats to Sberbank representatives, there will be for some time a situation that it will have 1 or 2 people less than Interros”, Potanin said.