Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Ukraine Court Rules Against Rusal in Zalk Aluminum Plant Dispute

Ukraine’s government won a court hearing as it seeks to regain control over the Zaporizhskyi aluminum smelter from Russian billionaire Oleg Deripaska’s United Co. Rusal.

The Kiev Commercial Court ruled to overturn a sale agreement and return a 68.01 percent stake in the plant, known as Zalk, to Ukraine’s state property fund, the Prosecutor General’s Office, also based in the country’s capital, said today in a statement on its website.

The prosecutors filed the suit, saying Rusal refused to refinance the plant’s $75.5 million of debt, “violating the state’s property rights,” according to the statement.

Rusal, the world’s biggest producer of the light metal, said it has fulfilled all of its obligations as investor.

“The court’s decision has not taken effect yet, and the company will challenge the decision in upper courts,” Rusal said in an e-mailed statement. “Zalk currently generates losses now because of the unprecedented high price for electricity.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.