What will Alisher Usmanov invest in after selling his stake in VK?

USM Group, which is mainly owned by Alisher Usmanov, will stop investing in the Russian tech sector. In October, it was reported that USM would sell the diversified IT group IKS Holding to its founder, Anton Cherepennikov. In December, it became known about the sale of a stake in the structure that controls the Internet company VK (formerly known as Mail.ru Group), owned by Megafon (whose main shareholder is USM).

From now on, USM's strategy will be focused on the “green” agenda for “Metalloinvest” and “Udokan Medi”. In addition, telecommunications business, related digital projects and labeling require “great attention” (the holding is a co-owner of a company that operates a product labeling system).