Nat Rothschild

Russian Billionaire Quits Ownership of Moldovan Airport

Russian billionaire Andrey Goncharenko, owner of a Gazprom subsidiary, on Tuesday, said he had given up his shares in Avia Invest, the company that has run Chisinau International Airport under a concession since 2013.

For years, the airport has been at the centre of controversies over its ownership and the legality of the concession awarded for the next 50 years.

Rothschild Company Abandons Bid to Run Moldova Airport

NR Investments Ltd, a company owned by British billionaire Nat Rothschild, on Sunday said that it was pulling out of its troubled investment in the main airport in Moldova following months of disputes.

The company said it was giving up 95.95 per cent of Avia Invest, the company that run Chisinau International Airport.

Genel Energy chair Tony Hayward 'to step down next year'

Tony Hayward, the former BP boss, is set to step down next year as chairman of Genel Energy, which he founded in 2011 and became the biggest oil and gas producer in Iraqi Kurdistan Regional Government (KRG), three sources close to the company said.

Today, Genel is struggling with a drop in oil prices, regional conflict and a large reserves downgrade.