OVK completed the placement of an additional share issue at ₽9.3 per share. Company raised ₽25.95 billion by issuing 2.79 billion shares. Trust Bank bought almost all of the securities, increasing its stake in the company to 93.6%. Funds raised by the additional issue will be used to reduce the credit load.

UWC early completed the collection of applications for participation in the additional issue. Company is offering 12.5 billion shares at ₽9.3 per share. Currently, the authorized capital of UWC consists of 115.997 million shares.

UWC is implementing a project to integrate production enterprises of the Tikhvin industrial site on the basis of JSC Tikhvin Freight Car Building Plant, which will optimize the management system and increase business profitability. Main processes of production integration are planned to be completed by the end of this year.

UWC announced that it has started collecting bids for additional shares at a price of ₽9.3 per share. The company intends to place 12.5 billion shares. At present, the authorized capital of OEC consists of 115.997 million shares. Applications will be accepted until November 22.