The Antimonopoly Committee of Ukraine approved the acquisition by Metinvest Zaporozhogneupo

Metinvest B.V. -The maternal company of the international vertical mining mining and metallurgical group of companies has gained control of PJSC Zaporozhogneurap, increasing its stake, exceeding 50 percent of the vote in the highest governing body of the Zaporizhzhya plant.

As stated in the report of the Press Center of Metinvest: "The transaction was approved by the antimonopoly bodies of the relevant jurisdictions, including the Antimonopoly Committee of Ukraine."

PJSC Zaporozhogneupor is one of the largest enterprises in Ukraine for the production of refractory products and high -quality materials. The company produces a wide range of refractory materials for the metallurgical, energy, food industry, building materials. The products of the enterprise are widely used in Ukraine, as well as in the CIS countries and far abroad - Algeria, Egypt, India, Cuba, Pakistan, Turkey, etc.

The acquisition of a new enterprise will be promising for the development of directions for the production of expensive refractories of a magnesian group, which are now mainly imported, emphasized in Metinvest.