Bulgaria Steel Mill Indian Owner Woos Richest Ukrainian - Report

Business | January 13, 2008, Sunday // 00:00| Views: | Comments: 0
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Bulgaria: Bulgaria Steel Mill Indian Owner Woos Richest Ukrainian - Report Bulgarian steel mill Kremikovtzi is owned by Global Steel Holdings, the holding company of Indian brothers Pramod and Vinod Mittal. Photo by Nadya Kotseva (Sofia Photo Agency)

The owner of Bulgarian steel mill Kremikovtzi is negotiating its sale to billionaire Rinat Akhmetov, who is believed to be Ukraine's richest man, local reports say.

Representatives of the steel mill owner Global Steel Holdings, the holding company of Indian brothers Pramod and Vinod Mittal, and Metinvest, the steel holding controlled by Ukraine's Rinat Akhmetov, have held a meeting in Austria, Klasa newspaper reported.

No financial terms have been disclosed.
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