the Antimonopoly Committee of Ukraine (AMCU) on February 27 will consider the preliminary conclusions about the absence of the requirement of a permit for indirect acquisition by Metinvest B. V (the Netherlands) assets in the form of integral property complex of the company ISD Huta Częstochowa Sp. z o.o. w upadłości (częstochowa, Poland).
according to the report of the AMC, collectively, these assets provide economic activity in the manufacturing and marketing of steel semi-finished products, flat hot-rolled steel and steel structures from a flat hot-rolled steel.
In September last year, the Agency "Interfax-Ukraine" with reference to the head of the Board of ISD Polska Konstantin Litvinov reported that the Corporation "Industrial Union of Donbass" (ISD) considers the group"Metinvest" as most appropriate and promising option for those in the process of bankruptcy of the metallurgical plant Huta Stali Czestochowa (Poland).
He did not specify the new circumstances and requirements for potential investors for the plant, but noted that "Metinvest" have been interested in them. "They have long been interested in the enterprise, we have carried out due diligence, so they have a full picture of the situation", - said the Agency interlocutor.
According to him, for "Metinvest" the acquisition of the Polish steelworks is a logical continuation of a chain for the production of steel products that can be sold on the European market. "Previously there was a chain with Alchevsk iron and steel. But the chain was not mining, and coking unit was insufficient. And "Metinvest" have it all. So getting control of this plant is logical and is the culmination of a full metallurgical cycle for the supply of products to the EU", - was convinced Litvinov.
however, he did not specify whether there had been further negotiations on this theme with the "Metinvest", but noted that the information in this area transferred to potential investors.
ISD signed a contract for the sale of Huta Czestochowa steel plant in early July 2005.
Corporation "aid" was founded in 1995. Is an integrated holding company owning blocks of shares of enterprises of mining-metallurgical complex. The Corporation includes Alchevsk metallurgical complex on the tubing string, which lost control from the end of 2017, as well as the DMK, the steelmaker ISD-Dunaferr (Hungary) and ISD-Huta Czestochowa (Poland).
