OREANDA-NEWS. The shareholders of MDM Bank and EuroChem have completed the re-organization of their interests that was announced in December 2006, upon receipt of final regulatory approval.
Mr. Andrey Melnichenko and Mr. Sergey Popov will remain partners in SUEK. In the case of MDM Bank and EuroChem, there has been an exchange of interests.

Mr. Melnichenko’s interests have acquired the 50% of the share capital of EuroChem which they did not already own, and Mr Popov’s interests have acquired Mr Melnichenko’s beneficial holding in MDM Bank.