Support The Moscow Times!

ChTPZ Plans Share Issue

YEKATERINBURG — Steel pipe maker ChTPZ said Wednesday that it was planning a new share issue to pay down its debt pile of more than $2 billion.

The firm said it has not yet decided whether it wants to sell new shares through a secondary public offering or to a strategic investor.

(Reuters)

Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.