Evraz has not elaborated the concept of uniting of its coal assets as yet
Edited by Rhod Mackenzie / 2014-10-06 09:50:38
Evraz regards as logical the uniting of its coal assets but has not elaborated the concept as yet. Neither the dates nor the form of this unification have been determined. They do not plan or discuss the delisting of Raspadskaya, the President of the company A. Frolov says.
Evraz is a vertically integrated metallurgical and mining company with the assets in the RF, the Ukraine, the USA, Canada, the Czech Republic, Italy and the SAR. In 2013, it increased net loss by ISA by 35% to $572 million, and reduced EBITDA by 10% to $1.821 billion and revenue by 2.1% to $14.411 billion.
