OJSC Novolipetsk Steel (LSE: NLMK) will be announcing US GAAP annual results for the year ended 31 December 2005 on Tuesday, 18 April 2006.
Further to the announcement of March 29th, 2006, OJSC Novolipetsk Steel (LSE: NLMK) has completed the acquisition of an 82% interest in "Altai-koks", coke-chemical plant, and a 100% interest in holding company Kuzbass Asset Holdings Limited, Gibraltar, which owns 100% of interest in "Prokopievskugol" Coal Company for about USD 750 million. As previously stated, the deal was financed in full from NLMK’s existing cash funds.
OJSC Novolipetsk Steel (NLMK) (LSE: NLMK) today announces 2005 Russian Accounting Standards (RAS) financial results for its major companies.
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