OREANDA-NEWS  The Ukrainian authorities have put up for sale the Zaporozhye Aluminum Production Plant (ZAlK), which was formerly part of the Rusal structure. This was stated by the head of the State Property Fund (GFI) of the country, Vitaly Koval, in his Telegram channel.

It is noted that this company is the only producer of primary aluminum in Ukraine. Now they want to sell it for 3.7 million rubles. It is planned to privatize 97.5 percent of the shares of this joint stock company. The starting price is UAH 151.9 million ($3.7 million).

As you know, in 2015, the Ukrainian authorities nationalized the hall owned by Rusal. In turn, Rusal challenged the relevant decision of the Supreme Court of Ukraine in the European Court of Human Rights (ECHR).

Prior to that, the Security Service of Ukraine accused the Russian holding company of deliberately destroying the missile defense system in the interests of "competitors from Russia."