15th Aug 2007 10:41
OJSC Magnitogorsk Iron &Steel Works15 August 2007 15.08.2007 MMK announces acquisition of a stake of IIE Atakas company in Turkey Magnitogorsk Iron & Steel works announces acquisition of 50% + 1 share of MMKAtakas Metalurji Sanayi, Ticaret ve Liman Isletmeciligi Anonim Sirketi in Turkey. The acquisition is the next stage in realization of the plans of MagnitogorskIron and Steel Works (MMK) together with Atakas Group to build a complex ofmetal works in the Republic of Turkey. The works will specialize in the production and processing of hot andcold-rolled sheet as well as galvanized and color-coated rolled steel products. Investor relationsEvgeny KovtunovTel.: +7 3519 24 93 55E-mail: [email protected] Press serviceElena AzovtsevaTel.: +7 3519 24 90 82Fax: +7 3519 24 80 24E-mail: [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MMK.L