The transaction targeted the company Mechel East Europe Metallurgical Division SRL, the iron plants of Ductil Steel Buzău, Mechel Câmpia Turzii, Mechel Târgovişte and Laminorul Brăila, according to a press release sent out Tuesday by the Russian group.
The Russian company Mechel announced last year that it wanted to sell the plants it owned in Romania for the amount of $ 150 million.
"Mechel transferred the shares of all its assets to the buyer Invest Nikarom SRL, from Romania. The value of the transaction in a nominated amount is of around 230 lei (around 70 US dollars). Invest Nikarom SRL bought the five assets of the Mechel Group - Ductil Steel Mechel, Câmpia Turzii, Mechel Târgovişte SA, Mechel East Europe Metallurgical Division SRL, Laminorul SA", the Russian company press release reads.
The company Invest Nikarom has two associates with equal shares Chumakova Svetlana (55 years old) and Chumakov Victor (58 years old ), both of Russian citizenship.
The company has a paid up share capital of 99,979 lei and its activity is wholesale of machinery and equipment.