According To The Unfounded Data, Russian RATM Holding Acquires Hrazd

ACCORDING TO THE UNFOUNDED DATA, RUSSIAN RATM HOLDING ACQUIRES HRAZDAN CEMENT PLANT

arminfo
2008-08-15 11:44:00

Arminfo . According to the unfounded data the head of the Mika Limited
company, Mikhail Baghdasarov, sold Hrazdan cement plant (Mika Cement),
that belongs to him, to the Russian RATM Holding, a source close to
the plant told Arminfo.

There is still no information about the sum of the bargain and the
investment бommitents of the new owner. Mikhail Bagdasarov said
earlier that besides Armavia company he is going to sell the assets
belonging to him, including "Mika- Cement" plant, one of the biggest
cement plants in Armenia.

"RATM Holding" was founded in 1992. It involves such business areas
as: cement industry, machinery construction, OE construction, glass
industry, defense industry, investment and development activity and
some others branches.

The structure of the Holding is diversified and includes enterprises
carrying out their activity in the different regions of Russia,
such as Moscow, the city of Novosibirsk, and Irkutsk, Novosibirsk,
Yaroslavl, Kurgan, Altay and Moscow regions.

In the structure of the Holding there are more than 20 Russian
enterprises and Companies. The total number of the personnel is above
15 thousand persons. The aggregate funds’ volume of the "RATM Holding"
exceeds 27 billion rubles which is more than billion USD. The Holding’s
gain in 2006 reached 520 million USD, EBITDA – 200 million USD.

The "RATM Holding" merges several holdings which are independent
business branches and the physical persons equally with the affiliated
Companies possess the control stock.

"RATM Holding" is the member of the Chamber of Commerce and Industry
of the Russian Federation, the member of the Russian Union of
Industrialists and Entrepreneurs.

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