VAT "Kryvorizhstal" will be renamed to "Mittal Steel Kryvyi Rih". This decision was made by the company's shareholders at a meeting on Thursday, January 12, reports UNIAN.\n\nThe company's name will be officially changed after registration of the new edition of the VAT's statutory documents.\n\nThe shareholders' meeting elected Narendra Chaudhary to the post of board chairman.\n\nAfter registration of the new edition of the VAT's statutory documents, the position of board chairman will be replaced by the post of general director of "Mittal Steel Kryvyi Rih".\n\nAs reported, on October 24 the State Property Fund recognized the company Mittal Steel as the winner of the competition for the sale of 93.02% of "Kryvorizhstal" shares.\n\nMittal Steel offered the highest price for the share package among the three bidders - 24.2 billion hryvnias, while the consortium "Industrial Group" (Kyiv) offered - 24.1 billion hryvnias, the company "Smart-Group" (Dnipropetrovsk) - 17.7 billion hryvnias.\n\n"Kryvorizhstal" is the largest producer of steel rolled products in Ukraine, specializing in the production of long rolled products, in particular rebar and wire rod.