Rinat Akhmetov
PJSC Dnipro Coke and Chemical Plant (DKHZ), which belonged to Evraz shareholders, has been transferred to the control of Rinat Akhmetov's company Metinvest. This was reported by Kommersant, citing its own sources.
In 2014, media reports surfaced that Yuriy Ryzhenkov, CEO of Akhmetov's Metinvest, announced that his company planned to purchase coke from PJSC Dniprodzerzhinsk Coke and Chemical Plant due to the situation in Donbas. It was later revealed that Akhmetov's Metinvest had received permission to purchase 94,55% of Dniprodzerzhinsk Coke and Chemical Plant, but the sale and purchase transaction never took place. The Antimonopoly Committee of Ukraine also has no information regarding the acquisition of a controlling stake in Dniprodzerzhinsk Coke and Chemical Plant by Akhmetov's company.
Evraz Group shareholders (Alexander Abramov, Roman Abramovich, and Alexander Frolov) are known to have acquired Dniprodzerzhinsk Coke Plant, along with other enterprises, from Privat Group in 2007 for $3 billion. In the summer of 2012, Dniprodzerzhinsk Coke Plant was sold for a symbolic $4 to Evraz's main shareholders. As of early 2014, Dniprodzerzhinsk Coke Plant was owned by the Cypriot offshore companies Misandaiko Holdings Ltd, Salurex Limited, Mastinto Trading Ltd, and Altana Limited, based in the British Virgin Islands. Each company held an equal stake of 23,64% in the coke plant. However, until recently, the ultimate beneficiaries of the Cypriot companies remained unknown.
As the publication notes, the shareholder structure of DKHZ has not changed, but sources close to the Evraz Group note that stakes are already held by entities managed by Akhmetov. Media reports also indicate that Akhmetov's Metinvest has effectively controlled PJSC Dneprodzerzhinsk Coke and Chemical Plant since early 2015.
SKELET-info
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