Uralkali’s CEO moved to house arrest in Moscow

The head of Russian potash producer Uralkali (URKA.ME), extradited to Russia from Belarus last month, has been moved from a detention center in Moscow to house arrest, the company said on Tuesday. Vladislav Baumgertner was detained in Minsk in August after Uralkali quit Belarus Potash Co, its cartel joint venture with Belaruskali, the state-run producer in Russia’s ally Belarus, a move which triggered a drop in prices for the fertilizer that infuriated the former Soviet nation’s president, Alexander Lukashenko.


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