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Severstal-Avto Offers GDRs

September 20, 2005 | Bloomberg

Severstal-Avto, the No. 3 automotive manufacturer, started offering shares in Global Depositary Receipts as it aims to attract international investors and considers a listing on an exchange outside the country.

The GDRs -- offered through Deutsche Bank outside the United States -- equal one common share each, Severstal-Avto, based in Cherepovets, in northern Russia, said in a statement.

Company: SOLLERS

Full company nameOAO SOLLERS
Country of riskRussia
Country of registrationRussia
IndustryEngineering industry


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