The Russian Vnesheconombank (VEB) is not a Zaporizhstal shareholder.
“VEB is not our shareholder, you can look at our shareholders register”, the company CEO Rostislav Shurma answered, when asked about the VEB decision to create a separate subsidiary company containing all the metallurgical assets.
When asked who owned the second stake apart from Metinvest, he said “I don’t know”. (Ukrainian metal)