9/30/16

Ukraine: ZALK snatched from Russia’s grip

The Higher Commercial Court has returned the Zaporozhye Aluminum Works to the state property. In February 2011 the State Property Fund of Ukraine concluded a purchasing agreement of ZALK shares with AvtoVAZ-Invest, according to which the buyer had to pay the share price and clear all debts to the State Export-Import Bank of Ukraine valued at over $75 million

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