Kazakhstan: Kaz Minerals to leave LSE

Vladimir Kim and Oleg Novachuk, director and chairman of the board of Kaz Minerals respectively, as well as its largest shareholders, have announced their intention to buy 60.61% of shares at the London Stock Exchange and return the company to private ownership. The shares will be bought via their Nova Resources company at GBP 6.4…

Ukraine: Interpipe to produce new pipes for machine-building

Interpipe intends to master the manufacture of new types of products for heavy machine-building, cargo vehicle suspension systems and oil machine-building. “Sooner or later the market will revive, and we must be ready to present new products”, the company machine-building pipes sales director Marina Lugovskaya reported. Interpipe is expanding the production of large precision cold-drawn…