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GISMETEO.RU
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SCM Group boosts stakes in two Ukrainian clay-mining companies
Journal Staff Report

KIEV, Oct. 23 – SCM Group, the large Ukrainian holding, announced it has completed a deal to buy 45.38% of Druzhkivka mine group and 50% of Vohneupornerud, increasing its shares in the clay-mining companies to 90.58% and 100%, respectively.

The company said that Cyprus-based UMG (United Minerals Group) , which fully belongs to SCM and which owns the clay-mining assets of the grou,p bought the stakes.




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