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2021: Vorkutaugol purchase for 15 billion rubles
On December 2, 2021, Severstal announced the sale of Vorkutaugol JSC to Russian Energy (co-owners - billionaire Roman Trotsenko (70%) and company CEO Andrei Tyasto (30%)) for 15 billion rubles. It is planned to close the transaction in the first quarter of 2022 after obtaining appropriate permits from the Federal Antimonopoly Service of the Russian Federation, as well as fulfilling a number of other conditions. The buyer plans to finance the transaction at the expense of own and borrowed funds. Read more here.
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