News
Following the acquisition of the rolling business of Steel Invest and Finance (formerly a joint venture between NLMK and Duferco Group) on July 1, 2011, NLMK announces the creation of its new business divisions - NLMK Europe and NLMK USA.
Following a three times oversubscription during syndication, NLMK Europe increased the amount of its 4-year syndicated revolving collateralised finance facility from Euro 325 million to Euro 400 million.
As a result of the integration of the newly established NLMK Europe, DanSteel A/S is changing its name to NLMK DanSteel A/S and gets a new logo.
NLMK (LSE: NLMK) (“NLMK”), one of the world’s leading steel companies, is pleased to announce the completion of the previously announced deal to purchase the remaining 50% interest in Steel Invest and Finance (“SIF”) from Duferco Group (“Duferco”).
Suite à l’approbation de la commission européenne concernant la reprise des activités Produits Plats de SIF (ex-JV Duferco - NLMK) au sein du Groupe NLMK, ce er juillet, la Direction a annoncé la constitution de la nouvelle entité NLMK Europe. NLMK Europe s’inscrit désormais dans un modèle industriel unique et compétitif.
Improvement of the result of primary operations in 2010 in comparison with 2009 by 165 million DKK with the result of primary operations minus DKK 8 million.