The Ukrainian Metal

Ukraine: Metinvest enterprises in uncontrolled areas cancel all letters of attorney

The enterprises of Metinvest mining and metallurgical group in the territories of Donetsk and Luhansk regions, temporarily uncontrolled by Ukrainian authorities, have announced the cancellation of all the letters of attorney they issued earlier.

According to the announcement, the letters of attorney were canceled by PJSC Yenakievo Iron and Steel Works, PJSC Khartsyzsk Pipe Works, PJSC Komsomolske mining administration, and PJSC Krasnodonugol located in the uncontrolled areas.

The powers of attorney were annulled in accordance with Part 2 of Article 248 of the Civil Code of Ukraine in connection with the termination of representation on the revoked letters of attorney.

As reported, Metinvest on March 15, announced the loss of control over the activities of its enterprises in the uncontrolled territories. (Interfax-Ukraine/Ukrainian metal)

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