MMK to declare losses in the amount of $2-3 billion under IAS for 2013
Edited by Rhod Mackenzie / 2014-04-09 06:13:16
Finance Metals and mining Russia Financial results Magnitogorsk metallurgic plant MMK Russia Metals and Mining Steel
According to deputy general director of the MMK Group Sergei Sulimov, the company expects to make losses under IAS by results of 2013.
As Sergei Sulimov reported to journalists, without nonmonetary retirements in the amount of $2-3 billion, the MMK Group would register a small net profit.
