http://www.finamrus.com/newtopics/news03AC6/default.asp
Volga-Dnepr Group could hold an IPO in Q208 to place 18% of its stocks, the group's chief executive Alexey Isaikin told Interfax. Earlier Volga-Dnepr said it rolled back the IPO for an indefinite period of time because of the unsettled corporate feud with Kaskol Group. "Our IPO plans are valid, but no decision on a trading venue has been adopted so far" – Isaikin said. In line with earlier news wires, on August 14, 2007 Volga-Dnepr made an official statement that Volga-Dnepr management upped its stake in the air carrier, it controls, to 80% after it agreed to buy out shares of the company's minority shareholders.
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