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TAS Group Takes Control Of Dniprovahonmash

TAS Group Takes Control Of Dniprovahonmash

17 October 2008

Following the Dniprovahonmash’s EGM on October 12,   the company announced yesterday that General Director Leonid Lazarev had been replaced by Yurii Shvechenko. Olha Pankiv: The replacement of the old management  by people from TEKO-Dniprometyz follows TAS Group’s purchase of a controlling stake in Dniprovahonmash, one of Ukraine’s largest freight train producers, from Midland Group at the end of August. The company’s other shareholders include Bank Forum (FORM: BUY) and Privat.

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