There have been changes in the composition of the shareholders of PJSC Magnitogorsk Iron and Steel Works. 79.76% of MMK shares owned by Mintha Holding Limited (Republic of Cyprus) became the property of Altair LLC (Magnitogorsk, Russian Federation). The ultimate beneficiary of both companies is Viktor Rashnikov, Chairman of the Board of Directors of PJSC […]
In difficult times for the Russian economy, Viktor Rashnikov uses MMK’s profits for himself and his tops, while at the plant there have been and remain difficulties with both safety and environmental friendliness. According to the correspondent The Moscow Post in the Chelyabinsk region, The Board of Directors of PJSC “Magnitogorsk Iron and Steel Works” […]