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Keyword: kryvorizhstal

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  • Kryvorizhstal has been sold to Mittal Steel (Germany) for UAH 24.2 billion ($4.84 bill.)

    10/24/2005 10:54:39 AM PDT · by Mazepa · 2 replies · 216+ views
    The State Property Fund announced Mittal Steel Germany Gmbh the conqueror in a contest of 93.02% shares of Kryvorizhstal sale. As “Ukrainsky Novyny” informs, such a decision was adopted following the results of contest. Mittal Steel proposed UAH 24,2 milliard, the highest price among three contest participants/ At the same time “Industrial group” (Kyiv) consortium proposed UAH 24,1 milliard and “Smart Group” company (Dnipropetrovsk) – UAH 17,7 milliard. Mittal Steel Germany Gmbh is a part of international holding Mittal Steel, which is the world biggest steel producer. Primarily Mittal Steel and “Smart Group” proposed UAH 10,5 milliard, “Industrial Group” –...