Vysokogorsky Mining in the I quarter of 2011 compared with the same period 2010 increased net profit 6.3 times to 261.8 million rubles. This was stated in the company, said "Metal Supply and Sales." In turn, the proceeds of GOK increased by 1,7 times and reached 2.302 billion rubles. Nearly 75 % of revenue the company received from the sale of iron ore. The company also noted that accounts receivable VGOKa on March 31, was 2 972.374 million rubles. and payables - 993,151,000 rubles. It is known that the company is part of the Russian company Evraz Group. Last recently carried out a placement of 7-year Eurobond in the amount of $ 850 million rate was 6.75% per annum. Recall that the company began eurobonds road show last week. Evraz Group - the largest in the Russian mining and metallurgical holding. It is composed of Nizhny Tagil, West Siberian and Novokuznetsk metallurgical plants, metkombinaty Palini e Bertoli (Italy) and Vitkovice Steel (Czech Republic), steel producer Claymont Steel (USA). Mining Industry Group includes mining enterprise Evrazruda, Kachkanarsky and Vysokogorsky mine, mine Raspadskaya (40% stake) and JUzhkuzbassugol. Evraz Group also owns and operates the Nakhodka commercial sea port in the Far East. Ministry of Industry
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