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Novolipetskiy metallurgicheskiy kombinat OAO Increases Stake In Nizhneserginskiy metizno-metallurgicheskiy zavod OAO-PRIME


Thursday, 7 Feb 2013 06:25am EST 

PRIME reported that Novolipetskiy metallurgicheskiy kombinat OAO has won an auction for a 35.59% stake in Nizhneserginskiy metizno-metallurgicheskiy zavod OAO (NSMMZ), which was conducted under bankruptcy proceedings of Maksi-Grupp OAO. Following this, the Company's stake in NSMMZ is 92.58%. The total price for NSMMZ's stake at the auction amounted to RUB 288,750,000.