PUBLIC JOINT-STOCK COMPANY "MECHEL" seized assets

District court of Nicosia of the Republic of Cyprus (Cyprus) arrested the assets belonging to structures and shareholders of PUBLIC JOINT-STOCK COMPANY "MECHEL", within claims companies "Advalor-Consult" (25% - "Kuzbassenergosbyt", 72% - PUBLIC JOINT-STOCK COMPANY "MECHEL"), report sources newspaper "Kommersant". "By our calculations, the damage caused companies by various intra group transactions with companies of Mechel group PUBLIC JOINT-STOCK COMPANY "MECHEL", makes about 80 million euros (about 8 billion rubles – EAN comment). Business is at a preliminary stage when we requested disclosure of information and received the interim measures forbidding to companies and natural persons which are named as respondents. .