Further to the announcement of March 29th, 2006, OJSC Novolipetsk Steel (LSE: NLMK) has completed the acquisition of an 82% interest in "Altai-koks", coke-chemical plant, and a 100% interest in holding company Kuzbass Asset Holdings Limited, Gibraltar, which owns 100% of interest in "Prokopievskugol" Coal Company for about USD 750 million. As previously stated, the deal was financed in full from NLMK’s existing cash funds.
OJSC Novolipetsk Steel (NLMK) (LSE: NLMK) today announces 2005 Russian Accounting Standards (RAS) financial results for its major companies.
Novolipetsk Steel (LSE: NLMK) today announced that it has embarked on an internal restructuring plan aimed at:
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