Russia: Evraz selling NMTP

Evraz is selling its stevedoring company in the port of Nakhodka – Evraz NMTP. The company has been looking for buyers of its terminals for a couple of years now. The port is a non-profile asset for Evraz, and its sale could decrease the company debt burden (net debt as of late June – $5.3…

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Ukraine: VEB not Zaporizhstal shareholder

The Russian Vnesheconombank (VEB) is not a Zaporizhstal shareholder. “VEB is not our shareholder, you can look at our shareholders register”, the company CEO Rostislav Shurma answered, when asked about the VEB decision to create a separate subsidiary company containing all the metallurgical assets. When asked who owned the second stake apart from Metinvest, he…

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