Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for 2013 according to International Financial Reporting Standards (IFRS). In 2013, MMK saw a net loss of $2.429 billion compared to a net ...
Tags: steel producer, Steel Works
According to report, Russian steelmaker MMK group may see its profit up by 35% to 19 million in January- March quarter in 2013 after a loss in the previous quarter. The result for profit including the selling the rail freight carrier MMK ...
Tags: Construction, steel
MMK-Trans Holding and Globaltrans Group signed an agreement under which Globaltrans Group becomes the owner of 100%shares of MMK-Trans. This deal also envisages signing a five year shipping contract between the parties to transport at ...
Tags: Globaltrans, MMK-Trans, Shares
Reuters reported that Russian freight operator Globaltrans Investment has won the right to buy MMK-Trans a subsidiary of Magnitogorsk Iron & Steel Works. The Kommersant daily citing several sources reported that MMK owns a 50% in ...
Tags: freight operator Globaltrans Investment, MMK Trans, Russia