MOSCOW, November 15 (RIA Novosti) - EvrazHolding, a major Russian metals and mining company, purchased a 98.96% stake in Vitkovice Steel, the largest sheet steel producer in the Czech Republic, the company's press service said Tuesday.
The deal was financed by Evraz Group's funds and credits granted by ABN AMRO and Commerzbank banks.
EvrazHolding, which operates in the Ural region and West Siberia, produced 13.7 million metric tons of steel in 2004.
Vitkovice Steel produced 870,000 metric tons of steel products last year.
