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Ukraine: Metinvest to squeeze out Zaporozhogneupor shares

Barlenco Ltd. (Cyprus), affiliated with Metinvest, intends to use its right to squeeze out shares of Zaporozhogneupor minority holders. On July 6, Zaporozhogneupor received a notification from shareholders on reaching the dominating controlling shares on July 3. Prior to this, Metinvest B. V. owned 2,650,697 shares, or 45.385539% of the total, Zaporizhstal – 2,874,068 shares…


Ukraine: SevGOK invests 40 million UAH in energy modernization

Severniy Mining and Processing Works has invested over 40 million UAH in the installment of 8 thousand energy-saving LED-lamps at the crushing and processing factories. The new lamps are expected to save around 25 million UAH per year. Earlier under the modernization program, SevGOK decided to invest 3.1 billion UAH in 2020 in modernization and…