TMK postpones the SPO of its Romanian enterprise TMK-Artrom.
TMK Europe intended to place 69 million shares of TMK-Artrom or 59.3955%.
Moreover, the main shareholder demanded to hold a meeting of shareholders to cancel the previous decision to increase statutory capital.
SPO was announced in late April.
TMK-Artrom has a 16.1% share on the seamless pipes market of Europe and 4.9% in North America. (Ukrainian metal)