Press releases
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:
New equipment, designed for producing spare parts used in hydraulic cylinders of metallurgical facilities, has been commissioned at NLMK’s Maintenance Works.
OJSC Novolipetsk Steel NLMK (LSE: NLMK) is pleased to announce that it has agreed to acquire from a group of investors 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. The acquisition is to be financed in full from NLMK’s existing cash funds.
Novolipetsk Steel (NLMK) has been named The Best Steel Company in Russia by Global Finance Magazine.
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