Displaying items by tag: Verkhnebakansky

Russia: The Board of Directors of Verkhnebakanskiy Cement Works elected Lev Kvetnoy as Chairman of the Board of Directors on 1 July 2015.

Russia: Russia's Federal Antimonopoly Service (FAS) has said that it is considering the application by businessman Lev Kvetnoi, owner of cement producer Novoroscement, to buy the Verkhnebakansky cement plant from businesswoman Yelena Baturina.

The watchdog said it needed time to collect additional information on the deal, adding that it would extend the consideration period by two months.The application was submitted by Gazmetallproyekt, which runs Kvetnoi's assets. In November 2011 Baturina sold the Verkhnebakansky cement plant to Kvetnoi for around US$534m.