Bloomberg News

Ukraine May Nationalize Zalk Aluminum Smelter, Kommersant Says

March 23, 2012

Ukraine may nationalize the Zaporozhskiy aluminum smelter, or Zalk, Kommersant-Ukraine newspaper reported, citing Oleksandr Peklushenko, the head of the Zaporizhzhya regional state administration.

The present owner of Zalk isn’t fulfilling its obligations as an investor and the plant needs to be returned to state ownership, Peklushenko said, cited by Kommersant.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


Monsanto vs. GMO Haters
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus