The Moscow Times
Vadim Varshavsky, founder of the steel holding company Estar, is trying to regain the assets he sold to the now debt-laden Russian steel and coal producer Mechel.
The first business returned will be the Donetsk Electrometallurgical Plant, a steel plant in Ukraine sold by Varshavsky for $537 million in 2011 due to debts estimated at $1 billion to $1.5 billion, Kommersant reported.
Read more…: http://www.themoscowtimes.com/business/article/mechel-unloads-ukrainian-plant-for-2000-euros/484891.html#ixzz2d3cOxKpE