KYIV. Feb 26 (Interfax-Ukraine) – Metinvest B.V. (the Netherlands), the parent company of the Metinvest international vertically integrated mining and metal group, increased its stake in public joint-stock company Zaporizhkoks from 51% to 52.1677% of the share capital.
Zaporizhkoks reported in the information disclosure system of the National Commission for Securities and the Stock Market of Ukraine, referring to data received on February 23, 2016 from National Depository of Ukraine, as of January 1, 2016, Metinvest B. V. increased its stake from 60.856 million to 62.249 million shares.
Zaporizhkoks produces about 10% of all coke manufactured in Ukraine, and has a full technological cycle of processing coke-chemical products. The company also produces coke gas and pitch coke.
According to the company, Metinvest B.V. owns a 51% stake in the plant, Zaporizhstal – 42.7653%.
The plant’s charter capital is UAH 12.193 million, its share face value – UAH 0.01.
Metinvest is a vertically integrated international mining and steel company which owns 24 assets in Ukraine, Europe and the United States, and also manages each link of the production chain – iron ore and coal mining and coke production through to semi-finished and finished steel production; including the manufacturing of plate and coil, pipe rolling, shapes and bars and other value-added products.
