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Sale of LLC «EvrazTrans» JSC «OilTransService»

November 22, 2012


Evraz plc. has signed an agreement of selling its affiliated company LLC «EvrazTrans» JSC «OilTransService» for 9.45 million rubles. Deal was closed in November 2012 due to obtaining of corporate approvals and necessary approvals of authorities by «OilTransService». In such document workflow it is necessary to operate in a secure virtual environment which was provided by iDeals™ Solutions.

As a result Evraz will direct deal’s founds to general corporate purposes including partial repayment of the debt.


iDeals™ Solutions has been a provider of secure document management services to the investment, legal and life sciences sectors since 2008. Our flagship product is iDeals™ VDR, a next-generation application that is utilized by companies and leading advisors in over 30 countries around the world.

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