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Azovmash Wins Tender For Delivery Of Equipment To Azovstal.

Azovmash Wins Tender For Delivery Of Equipment To Azovstal.

23 August 2008

The tender is for the delivery of 20 hot blast valves and is worth 0.7 mln. Concorde Capital: The equipment will most likely be made by Mariupol Machine-Building (MZVM), as it is the only company managed by Azovmash, that produces equipment for the steel sector. After the government took its 25% stake from the management of Ukrainian Industrial-Transport Group, SCM, which is related to the latter, lost operating control over the enterprise and now has only a 50%-1 share.

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