PAO Severstal (LSE:SVST) acquired Sintez-CIP Ltd. and Sintez PP Ltd. for RUB 1.4 billion on March 13, 2020. Sintez-CIP will become part of Severstal's metalware manufacture division and will be under the operational management of Sergey Kovryakov.

PAO Severstal (LSE:SVST) completed the acquisition of Sintez-CIP Ltd. and Sintez PP Ltd. on March 13, 2020. Dmitry Marchan and Sergey Kapustin of Baker & McKenzie - CIS, Limited acted as legal advisor to PAO Severstal.