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  • Some enterprises of the Trotsenko-Ershova business tandem associated with ZCMC are included in the US sanctions list: what will happen to the Zangezur plant?
    Armenian News - Tert.am - 17:44 Nov 24, 2023
    No description available.Yesterday Tert.am wrote that the Zangezur Copper-Molybdenum Combine (ZCMC) may be under threat of US sanctions. The fact is that Gleb Trotsenko, who was the real beneficiary of ZCMC and on October 27, 2023, alienated his entire indirect stake in the company, fell under American sanctions. Gleb Trotsenko is the son of Russian billionaire Roman Trotsenko. He owns many companies both in Russia and abroad. The real beneficiary of the company, instead of Trotsenko with 47.6% of indirect participation, became Russian citizen Svetlana Ershova. According to the penultimate declaration of real beneficiaries (07/08/2023), Gleb Trotsenko owned 72.6% of indirect shares in Geopromining Gold LLC. Already in the new declaration (11.21.2023) Gleb Trotsenko is not among the real beneficiaries. Instead, Svetlana Ershova, who is associated with the business of the Trotsenkos, appeared with the same 72.6% participation. According to the Russian publication Vedomosti, as of 2012 she was vice president of the AEON corporation, own...
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