RUSAL Transfers Ownership of ROSTAR Can Division to En+ as Part of Merger Agreement

RUSAL, a top three global aluminium producer, announces the transfer of its Cans Division, ROSTAR, to En+. En+ manages the aluminium and power assets of Basic Element. The transfer of ROSTAR is part of the signed merger agreement between RUSAL, SUAL and the alumina assets of Glencore.

RUSAL's Cans Division is represented by ROSTAR, a company that includes cans facilities (ROSTAR Vsevolozhsk and ROSTAR Dmitrov) and Dmitrov Metallurgical Plant. ROSTAR was Russia's first aluminium beverage cans company and holds a 50% share of the country's cans market. ROSTAR clients include beer, soft and low-alcohol drinks' producers. The Cans Division of En+ will be headed by Andrey Donets, previously the Director of RUSAL's Cans Division.

As part of En+ the Division will continue to build up its cans production capacity and implement investment projects aimed at the developing the cans market. It will also expand of the variety of its products and extend its long-term partnerships with clients.

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