23 May, 2016
Russian bank looking to dump Ukrainian mining and metal assets
Vnesheconombank (Russia), which controls some Ukrainian mining and metal assets which it acquired control of as a creditor, including Industrial Union of Donbas, has intensified the search for a buyer of these assets, the Kommersant newspaper reported, citing sources.
The newspaper said that VEB started taking real steps to sell assets after top managers in the bank were reshuffled in February 2016.
According to Kommersant, VEB has intensified the search for a buyer for mining and metals assets: Industrial Union of Donbas in Ukraine and Sibuglemet.
Source: Ukrainian journal
Latest Posts
Popular Post
- Eldorado and Minvest Deva Certej mine proposal rejected in Romania
- What Are The Major Natural Resources Of Macedonia?
- Centerra’s Öksüt gold mine in Turkey begins with commercial production
- Raiden Resources named the winner of the BG1 license-tender in Bulgaria
- Serbia has the world’s largest lithium reserves
- CVMR’s investment in two high grade graphite mines in Turkey
- Alternatives to Mining in Armenia: How Realistic Are They?
- Environmental costs of lithium mining
- Lithium and rare earth elements discovered in Mongolia Khuut mine
- Rio Tinto is ecological catastrophe for Serbian citizens