Mechel ServiceGlobal filed an application with the Federal Antimonopoly Service of Germany for a permit to purchase a controlling stake in Austrian to metal Cognor Stahlhandel GmbH, described in the materials of German life.

In the Mechel confirmed that the part of Mechel ServiceGlobal the antimonopoly authority in Germany and Austria, the Antimonopoly Service was filed.

Mechel is actively expanding its sales network Mechel ServiceGlobal, told RBC Company. Development Strategy Mechel ServiceGlobal includes expanding geographical presence as by opening new branches and expanding existing storage facilities, and through the acquisition of metal trading companies. In this regard, Mechel is considering the possibility of cooperation with several European companies, among which Cognor Stahlhandel GmbH, has a network metalloservisnyh bases in Central and Eastern Europe. In the current issue of the implementation of any specific transaction is not worth it.

Application to the antitrust authorities from Germany and Austria has been filed to the case of approving the transaction at the Mechel has already had the necessary approval of relevant departments.

Since March 2007, 74.9% of shares Cognor Stahlhandel belong to the Polish group ZLOMREX SA a manufacturer of steel and metallotreydingom. The remaining share capital Cognor Stahlhandel owns the former 100% owner of Stahl GmbH. Staff Cognor Stahlhandel has about 4 thousand people. Business unit located in Central and Eastern Europe including Poland, Austria, Czech Republic and Hungary etc.