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MKAO Rasperia launches legal action against Strabag in Kaliningrad, Russia.
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A shareholder controlled by a Russian oligarch has failed in a bid to annul a decision to freeze its stake in Austrian contractor Strabag.
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Austrian contractor Strabag has revealed plans to cut the share of the business owned by shareholder Rasperia, controlled by Russian oligarch Oleg Deripaska, to below 25%.