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Ukraine: Metinvest secures new financing facility in equipment leasing deal

According to Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies, following the successful debt restructuring completed in March, one of its subsidiaries has secured a new financing facility as part of an equipment leasing agreement. Ingulets GOK, one of the group’s key iron ore producers, has agreed to…

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Russia: metal suppliers to discuss cooperation with structures works

On June 7 the Russian union of metal suppliers together with the Association of steel construction development will hold a round table “Development of cooperation of metal structures manufacturers and metal suppliers” within the II international specialized exhibition Metal Structures’2017. In the course of the event its participants will discuss the cooperation in delivery of…

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Russia: NLMK shareholders reelect president

Shareholders of NLMK Group at its Annual General Meeting on June 2 voted to confirm Oleg Bagrin as the Group’s President and Chief Executive Officer; and to elect a new Board of Directors, which includes five independent directors. Nine members of the Board of Directors were elected, including five independent directors: Vladimir Lisin, Oleg Bagrin,…

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Russia: Nornickel and the Trans-Baikal territory enter into a cooperation agreement

Within the framework of the St Petersburg International Economic Forum (SPIEF 2017), Natalya Zhdanova, the governor of the Trans-Baikal territory, and Elena Bezdenezhnykh, Vice-President, State Secretary, Head of GR of Nornickel, signed a social and economic cooperation agreement. Under the agreement, the government of the region will support Nornickel’s investment projects, particularly the company’s key…

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