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Dniprospetsstal to Invest USD 14.9 mln in Gas Purifiers

Dniprospetsstal to Invest USD 14.9 mln in Gas Purifiers

13 February 2008

According to Interfax, Dniprospetsstal (DNSS: HOLD) will acquire five gas purifiers for USD 14.9 mln. The equipment will be installed by December 2009. Dniprospetsstal’s AGM is scheduled to be held on March 6. Eugene Cherviachenko: We expect that at the AGM, the company’s representatives will provide us with more information about the company’s plans concerning their previously announced IPO plans, as well as the company’s CapEx schedule (see our December 5 report).

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