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GISMETEO.RU
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Business    

Metinvest steel group may launch IPO within next 10 years, CEO says
Journal Staff Report

KYIV, Oct 8 – Metinvest, a steel and mining group owned by billionaire Rinat Akhmetov, is considering an Initial Public Offering, or IPO, during the next 10 year, depending on the company’s debt burden, Metinvest CEO Yuriy Ryzhenkov said.

"Our strategy is calculated until 2030. We are finalizing it until 2050," the top manager said, adding that the 2030 strategy has an option to enter an IPO, he said in an interview with Forbes-Ukraine. "But everything will depend, of course, on our financial burden."




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