LNM plans to invest in Ukraine

LNM plans to invest in Ukraine

Dutch Group LNM is planning to make an investment in Ukraine's steel industry after receiving the necessary approvals of the new law from the country's parliament for completing the construction of the Krivoy Rog mining and Gokor plant. In addition, the law of completing Gokor will be prepared after the parliament meeting at the end of July. According LNM authorities, the company could get approval to complete the plant after the parliament discussion. LNM will invest $750 million for the construction of plant. The plant's construction is initiated in former Soviet Union by Ukraine and also partner with Czechoslovakia, East Germany, Bulgaria and Romania.