October 07, 2008

Antimonopoly body allows Illich to control SLAV Handels

Ukrainian Journal Staff reported that the Antimonopoly Committee has permitted Mariupol Illich Steel Mill in Donetsk region to buy a share in the statutory fund of Austria's SLAV Handels GmbH which gives over 50% of the votes in the governing body of the company to the buyer.

The committee said that SLAV Handels buys steel products in Ukraine and sells them on foreign markets.