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Companies & Organisations

ERG Denies Sale Rumors, Confirms Commitment to Long-Term Growth

ERG CEO refutes sale rumors, reaffirming the company’s strategic focus and stability.

In response to recent media speculation over the past few weeks, including reports regarding a supposed offer from Mr. James Cameron to purchase the company, Shukhrat Ibragimov, Chairman of the Board and CEO of Eurasian Resources Group (ERG), clarified that no negotiations concerning the sale of ERG are taking place.

ERG reaffirmed its full commitment to the Group’s consistent and sustainable business development. There have been no changes in the company’s usual operations. At the end of 2024, ERG’s Board of Directors adopted a new strategy focused on further development and investment into its assets, and the company is actively implementing this plan.

ERG’s focus on long-term growth and value creation for all its stakeholders remains unchanged.

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