Russian Metals and Mining Giants Lobby for Massive Merger
By Frontier India | February 1st, 2009 | Category: Commodities, Companies | No Comments »Severely weakened by the economic crisis, Russia’s top metals producers are embracing a proposal to merge into one massive company. The merger, which is subject to state approval, would make the industry less vulnerable to the rapid shifts in demand that characterize economic downturn. But while the metals giants agree on the basic plan, they [...]
