Russia drops lawsuit to nationalise Novoroscement
Russia’s Prosecutor General has withdrawn its lawsuit seeking to seize major cement producer Novoroscement from billionaire Lev Kvetnoy, according to court materials cited by in...
Novoroscement
4 posts · Page 1 of 1
Russia state to nationalise Novoroscement
Russia’s Prosecutor General’s Office has filed a lawsuit seeking the nationalisation of Novoroscement, the country’s second-largest cement producer, citing alleged illegal forei...
Russian monopoly watchdog blocks Atakaycement acquisition
Russia’s Federal Antimonopoly Service (FAS) has blocked the acquisition of Atakaycement by AO Actual Investments and OAO Novoroscement. FAS concluded after a market analysis tha...
Novoroscement signs financing agreement with VTB Bank
VTB Bank has signed an agreement with Novoroscement, the largest cement producer in southern Russia, to provide a RUB920m (US$29m) credit line to finance the company’s current o...