Enes
Moscow
Go to mobile

LATEST NEWS

23:26 22-05-2018
Russia expects guarantees for construction of Turkish Stream in Bulgaria
22:38 22-05-2018
Spanish bank cut prices for real estate by 40%
22:01 22-05-2018
Monaco to spend $2.4 billion on expanding its coastline
21:45 22-05-2018
Ukrainian President called for maximum efforts to stop Nord Stream 2
21:22 22-05-2018
Date of construction of cableway from Russia to China is unveiled
20:53 22-05-2018
Digital technologies in housing construction to be discussed at SPIEF
20:13 22-05-2018
Hi-tech waterpark in form of flying saucer to be built in Caucasus
23:33 21-05-2018
Expert assessed prospects for construction of Bulgarian Stream
22:47 21-05-2018
RDIF to negotiate extending cooperation with Saudi Aramco
22:04 21-05-2018
Belene NPP project in Bulgaria implies Russian participation
21:39 21-05-2018
How the fall in the ruble exchange rate affected housing prices in Russia
21:15 21-05-2018
Housing sales to foreigners in Turkey grew by 25% — including Russians
20:58 21-05-2018
Housing with mortgage at 0% is being built in Russian Far East
20:23 21-05-2018
Why Chinese Tmall rents warehouse near Moscow airport
23:33 18-05-2018
Two T-shaped skyscrapers to be built in southeastern Cyprus
22:59 18-05-2018
Blackstone Fund sells all its Hilton shares for $1.3 billion
22:27 18-05-2018
Mortgage rates in USA reached seven-year high
22:06 18-05-2018
Putin linked US stance on Nord Stream 2 with LNG supplies to Europe
21:52 18-05-2018
Russia and Japan begin to cooperate on “Smart Cities”
21:33 18-05-2018
Innovative international airport in Beijing will be built in 2018
21:01 18-05-2018
South Korean Lotte opens 5-star hotel with panoramic swimming pool in Samara
23:57 17-05-2018
Turkish businessmen to build a waste processing plant in Russian Caucasus
23:15 17-05-2018
Donald Trump tried to persuade Angela Merkel to abandon Nord Stream 2
22:44 17-05-2018
American Hines to build an outlet at Novorizhskoe highway
22:00 17-05-2018
Russia is no longer leader in European rating for mall construction
21:35 17-05-2018
Graffiti of foreign artists on football theme will appear on Luzhniki Stadium
21:13 17-05-2018
Production of modular all-season homes launched in Russian Far East
20:49 17-05-2018
USA may impose sanctions against companies engaged in Nord Stream 2 construction
23:25 16-05-2018
Football fans from Egypt and Saudi Arabia massively book rooms in Volgograd
22:57 16-05-2018
Administrative building in center of Moscow is put up for sale for $885,000
All news

ARCHIVE NEWS

«    May 2018    »
MonTueWedThuFriSatSun
 123456
78910111213
14151617181920
21222324252627
28293031 

Russian Severstal sells steel cables manufacture to Austrian Teufelberger Wirerope

logo russianconstruction.com
Russian Severstal sells steel cables manufacture to Austrian Teufelberger Wirerope

Severstal-metiz JSC signed an agreement on the sale of its steel cables manufacture, Redaelli Tecna, to Austrian Teufelberger Wirerope, the company’s press office reports on Monday.


As a reference, Severstal-metiz JSC is a subsidiary of Severstal, the Russian company operating in the steel and mining industry.

The deal is expected to be closed in the first half of the year 2017. Rothschild acts as a financial consultant of Severstal.

“The sale of Redaelli will allow Severstal-metiz group to focus on Russian market, what, in our opinion, will ensure higher value for the company’s shareholders,” director general of Severstal Management, Alexander Shevelyov, said.

Redaelli Tecna S.p.A. engaged in designing, developing and production of special steel wire ropes used for offshore drilling activities. The company’s assets are located in Italy.

Related publications

PARTNERS

UP