Igor Zyuzin makes "Mechel" a family corporation.

Igor Zyuzin, the Chairman of the Board of Directors of "Mechel", has conveyed the shares of "Methol", which owns 18.02% of the ordinary shares in "Mechel", to his immediate family - his wife and children.

According to "the Vedomosti" newspaper, now 33% of the "Methol" shares belong to Kirill and Ksenia Zyuzin - the children of the founder of the company. His wife - Irina - received 34% of the shares.

The effective share of Zyuzin thus decreased to 51.2% of "Mechel". Thus, if he wants to transfer more shares, he will be forced to negotiate with the creditors.

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