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GISMETEO.RU
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SPF confirms fulfillment of Arcelor Mittal privatization obligations
Journal Staff Report

KIEV, Aug. 16 – The State Property Fund has confirmed the fulfillment of investment liabilities by Arcelor Mittal Kryviy Rih, the company reported.

According to the results of an August 3-5 inspection, which were signed by representatives of the fund and the administration of OSJC Arcelor Mittal Kryviy Rih, the company has fulfilled its liabilities under all clauses of the sale and purchase agreement, apart from those for which fulfillment was postponed due to financial and economic crisis, according to an annex to the agreement signed on May 14, 2009.

During the checks, the fund confirmed the fulfillment of the following liabilities: the retaining (increase) of production, taking measures to create safe labor conditions and taking environmental protection measures.




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