“On the eve, Artemy Kyzlasov, General Director of OJSC SEZ“ Titanium Valley ”, submitted an application to the supreme governing body of the joint-stock company to resign from his post of his own free will. On August 3, the board of directors of the special economic zone was held in absentia, at which the resignation of Artemiy Kyzlasov was accepted, ”the company’s message is quoted by TASS.
In February 2020, the lawyer said that Artemy Kyzlasov was detained in Yekaterinburg on suspicion of taking a bribe in the amount of 2.5 million rubles. It was also reported that the ex-Deputy Minister of Economy of the Sverdlovsk region Mikhail Shilimanov pleaded guilty to corruption in the Titanium Valley case.
SEZ "Titanium Valley" is one of nine industrial-production SEZs in Russia.