The Russian steel and iron ore producer Evraz Group (Evraz) has announced its successful completion of the buyout of all remaining shares in two of its steel producing subsidiaries ZapSib and NTMK, in its iron ore producing companies KGOK and VGOK, and also in the Nakhodka Commercial Sea Port (NMTP).
The process was carried out in accordance with Russian legislation on the issue and via mandatory offers to all minority shareholders of the companies in question.
As a result, Evraz has become the sole owner of ZapSib, NTMK, KGOK, VGOK and NMTP.