KIEV, Jan. 16 - Kiev-based Smart-Holding and Donetsk-based System Capital Management (SCM) plan to complete the merger of their mining and metallurgical assets by the second half of this year, director for strategy and corporate development at Smart-Holding Oleksiy Pertin told Delo newspaper Tuesday.

"The final configuration for the merger will be established in 2008 and we'll present that to the public. We hope to close the deal by the second half of this year," he said.