Mechel decided to sell the Donetsk Electromechanical Plant

Mechel OJSC, the leading Russian mining and metallurgical company reported the intention to sell DEMZ as a non -core asset. This decision was made by the board of directors of the company on September 21, 2012. The decision is published on the corporate website of the company.

The intention to sell the plant in Donetsk is regarded by the leadership of Mechel as a breakthrough and an important strategic step to implement the updated group strategy. Yes, what to say there is to get rid of the Ukrainian asset, which is too much dependent on state policy, many will consider the only right decision for Mechel on the verge of bankruptcy.

Today, the strategy of the Mechel group of companies is not a shadow of doubt - it needs to close problem financial problems. The Donetsk Electromechanical Plant is not the only "non -core" asset of Mechel. The Board of Directors decided to urgently sell: the invict Mercant Bar limited (Great Britain), CJSC Mechel Nyamunas (lithuania), Mechel-Service Global (with the exception of Sword-Service LLC (Russia)), LLP of Chrome (Kazakhstan), LLP of Oriel LLC (Kazakhstan), Tikhvinsky Ferro-Spop Plant LLC (Russia), Russia, Russia, Russia. OJSC "South Ural Nickel Plant" (Russia), OJSC "Kuzbassenergosbyt" (Russia), TPP "Toplification of Russia" (Bulgaria).

It’s not even interesting to guess, but who in the Donetsk region can afford to purchase a metallurgical enterprise? Enterprise Azov Promstal? No, and who?

But the Savior will probably appear at the most necessary hour for him, at an hour when the company will firmly lie at the very bottom, and its employees will be on the verge of a hungry riot. And the next merger will occur to the joy of all interested parties. Or the plant will simply be closed and handed over to the scrap.






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