Former French PM Fillon joins board of Russia’s Sibur

MOSCOW – Former French High Minister Francois Fillon has joined the board of Russia’s greatest petrochemical manufacturer Sibur, the corporate mentioned.

Large Russian firms ceaselessly hire former top-ranking Ecu politicians to utilise their ties and affect.

Ex-German chancellor Gerhard Schroeder is the chairman of the shareholders’ committee at Nord Circulation’s operating corporate, at the same time as Russian power giant Rosneft in advance this 12 months appointed former Austrian overseas minister Karin Kneissl to its board.

The Kremlin has said that Fillon, who served as premier underneath Nicolas Sarkozy from 2007-2012, has had “rather excellent relations” with President Vladimir Putin.

Privately owned Sibur is the most important petrochemicals producer in japanese Europe. It has long deliberate an initial public offering.

Its largest shareholders are Leonid Mikhelson, the head of, and a huge stakeholder in, Russia’s largest liquefied herbal gasoline producer Novatek, and businessman Gennady Timchenko, a close best friend of Putin.

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