Evraz completes buyout of Vitkovice Steel

Tuesday, 22 August 2006 14:06:24 (GMT+3)   |  
Russian Evraz Group announced yesterday that the company bought outstanding 1.04 percent of stake in Vitkovice Steel, the largest plate maker in the Czech Republic, for approximately €2.6 million, raising its interest in Vitkovice Steel to 100 percent. Evraz group announced acquisition of 98.96 percent of stake in Vitkovice Steel in November 2005.

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