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Wenox Holdings Company permission to buy more than 25% Dniprospetsstal

Company Wenox Holdings Ltd., registered in Cyprus, will increase their share of assets in the PAO «electrometallurgy plant» DSS «to them. AN Kuzmin «(DSS). Approval of the state body regulating such operations, management of foreign companies have already received: The Antimonopoly Committee of Ukraine allowed Wenox Holdings hold more than 25 percent stake in the Zaporozhye plant. According to data released earlier in the media, an offshore company Wenox Holdings is part of VS Energy structure belonging «Vychodoslovenske Energeticke Zavode» Slovak company. This company is controlled by a group of businessmen, including Mikhail Voevodin, Alexander Babakov, Yevgeny Giner and Sergey Shapovalov. Also Dniprospetsstal, Ukraine VS Energy owns a number of asset utility companies and several major hospitality business enterprises. Products manufactured at the facilities of the BCA, is demanded in many industrial sectors, including shipbuilding, engineering and automotive, as well as oil and gas production and the aerospace industry. Specializes in the company manufacturing a wide range of special steels: instrumental and high-temperature alloys, stainless metal, structural, and other bearing steels. Last year's net profit Zaporozhye plant of special steels made 57.3 million UAH… In the first 10 months of this year the volume of output increased by 14.3% (rental) and 12.3% for steel.
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