Yaroslavl bought the Dnieper metallurgical plant Abramovich
Kharkiv businessman Alexander Yaroslavsky has bought Russian businessman Roman Abramovich Dnieper metallurgical plant.
The press service of the Russian Evraz holding.
Fegilton Ltd, a subsidiary of Evraz signed an agreement to sell all its shares in Drampisco Ltd, the parent company for Evraz DMZ, the company Senalior Investments Limited (part of DCH Group of Yaroslavl) for approximately $ 106 million.
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An initial contribution of $25 million will be made within five working days after signing the contract of sale and the remaining amount paid no later than December 15, 2018.
“Revenue DMZ in 2017 amounted to $ 586 million as at 31 December 2017 the total assets of the DMZ was $ 153 million In 2017, the plant received a gross profit of $ 26 million, EBITDA was $ 16 million, profit before tax of $1 million For the DMZ works more than 4 thousand people”, – specified in Evraz.
Earlier, a Group of Oleksandr Iaroslavskyi’s DCH proposes to create an international consortium with the aim of acquiring PJSC “Odessa port plant”.
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