By Polina Devitt

MOSCOW, April 30 (Reuters) – Reducing regulation is a key to stimulating Russia’s domestic growth after the recession, Novolipetsk Steel Chairman Vladimir Lisin said on Friday.

“In my opinion, the biggest problem is stimulating production growth,” Lisin, ranked Russia’s richest man by Forbes magazine, said in an e-mailed response to questions. “And how to stimulate (production) when business is regulated so tightly.”