Court of Cyprus has arrested Mechel’s assets
Edited by Rhod Mackenzie / 2014-06-03 10:50:15
The Court of Cyprus has arrested 67% of Mechel’s assets by the initiative of Saven Enterprises (British Virgin Isles) which holds 22.95% in the “Razrez ”Tomusinsky” (Mezhdurechensk, the Kemerovo region).
The following companies were arrested: Calridge Limited (holds 29.02% of Mechel’s assets), Armolink Limited (12.78%) and Bellasis Holding Limited (25.57%). In his turn a representative of Mechel said the claim is being considered as an attempt of greenmail only, Vedomosti says.
