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Varujan Vosganian discusses with Ukraine ambassador about Krivoi Rog


The minister of economy, Varujan Vosganian met the ambassador of Ukraine to Bucharest, Teofil Bauer, according to a press release of the Ministry of Economy. The two parties showed their interest in collaborating in matters concerning Romania’s participation in building the Mining Plant at Krivoi Rog. “If we solve the problem of Kirvoi Rog it will be encouraging for bilateral relations between Romania and Ukraine,” the minister said. He added that the opportunity to broaden the dialogue between the two neighbour countries should be found.


According to the press release the Ukraine ambassador expressed his intention to request the Kiev government to appoint minister Varujan Vosganian as interlocutor in order to start the dialogue.

Vosganian suggested an urgent first meeting to discuss mainly the question of the Krivoi Rog plant. Later on, the joint Romania-Ukraine Commission for economic, industrial and technical scientific cooperation will debate the matter next to other problems from the joint agenda, at a second session held in Bucharest.


The ambassador said that premier Victor Ponta had been invited by his counterpart, Mikola Azarov, to make a visit to Kiev at a date to be established by diplomatic channels.

The construction of KGOKOR Plant was initiated by the Soviet Union in 1983, but after the dissolution of the Soviet Bloc Ukraine got 56.4% of shares, Romania 28% and Slovakia 15.6%.

Construction works stopped in 1996. The sum invested by the Romanian party was about 800 million dollars.


The Ukrainian minister of economy announced in October 2007 that he wanted to sell KGOKOR plant from Krivoi Rog. ArcelorMittal, the largest steel producer in the world and the Russian company Metalloinvest, the largest steel producer in Ukraine were among the companies interested in the plant.