UMMC’s acquisition of Demidov Business Center won’t affect construction, Eduard Rossel says

‘Ural Mining and Metallurgical Company acquired 50% of Demidov Business Center, but Andrei Kositsin and I agreed that this should not affect the construction process,’ Governor of Sverdlovsk Region Eduard Rossel announced at a press conference on May 29, 2008.

Nevertheless, Demidov representatives complained earlier that UMMC was getting ready for a raider-style hostile takeover. ‘As far as the proprietors’ feuds are concerned, I believe they have to handle this issue without the Governor’s involvement,’ Eduard Rossel noted.

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