HS2 firm part-owned by sanctioned Russian suspends dividend payments to oligarch

By Daniel Gayne2022-03-15T11:09:00

Strabag says it tried to buy up stake held by Oleg Deripaska who has been linked to Vladimir Putin

HS2 contractor Strabag has moved to distance itself from a company owned by sanctioned Russian industrialist Oleg Deripaska and cancelled its dividend payments to his business.

The Austrian civil engineering giant – part of a joint venture carrying out £2bn worth of tunnelling contracts outside London – is 28% owned by Rasperia Trading Ltd.

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