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Russia’s RUSAL denies SPF statement on non-fulfilled ZAlK conditions
Journal Staff Report

KIEV, April 13 – Russia's RUSAL has denied a statement of the State Property Fund of Ukraineon the non-fulfillment of conditions of an agreement on sale and purchase of a stake in OJSC Zaporizhia Aluminum Combine (ZAlK), the country's only aluminum smelter.

"RUSAL fulfils all commitments taken by the company regarding Zaporizhia Aluminum Combine, and the checks conducted by the SPF confirmed this. The fund also expressed readiness to support measures aimed at the increase in the efficiency's of ZAlK's operation, including the introduction of a differentiated tariff," reads RUSAL's comments of the fund's statement, which has been made available to Interfax-Ukraine.




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