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. Last Updated: 07/27/2016

Norilsk Eyes Crisis Cuts

MOSCOW -- Russia's major metals producer Norilsk Nickel would not comment Monday on the outcome of a weekend trade union conference on possible output cuts, but said the company was preparing a statement.

"We cannot say anything now but we are preparing a statement which may be ready today," Norilsk spokesman Igor Plotnikov said.

The company said in a statement Thursday that its management had held talks with trade union leaders at a meeting in Norilsk and discussed anti-crisis measures. Norilsk's trade unions on Saturday held a meeting at which an anti-crisis program was due to be discussed.