Russian Foreign Ministry slams OSCE car incident in Donbass as 'provocation'Russian Politics & Diplomacy April 23, 19:41
Macron winning presidential polls among French living in US, Canada — TVWorld April 23, 19:12
French nationals in Moscow expect presidential polls to bring changes to their countryWorld April 23, 18:01
French presidential hopefuls cast ballots in first round of electionWorld April 23, 15:52
OSCE staff member dies in car blast in DonbassWorld April 23, 13:55
Presidential hopeful Emmanuel Macron gets in line to voteWorld April 23, 12:26
First candidates cast ballots in presidential election in FranceWorld April 23, 11:26
LIVE updates: French presidential election 2017World April 23, 8:57
Russian soldier’s killer mentally unstable - Armenia’s Investigative CommitteeWorld April 23, 0:48
MOSCOW, February 27. /ITAR-TASS/. Ukraine’s subsidiary of Russia’s largest steel producer Severstal, Dneprometiz, works stably and riots have not affected its production process, Severstal Director-General Alexei Mordashov told reporters during a telephone news conference on Thursday.
Dneprometiz based in Dnepropetrovsk, eastern Ukraine, is a member of Severstal-metiz, a group of companies which unites metalware assets of Severstal.
“As concerns the situation in Ukraine, I am not ready to make any comments,” Mordashov said. “If we speak about work of our subsidiary in Ukraine, it works stably and events in Ukraine have exerted no effect on its operation. This is a specialised enterprise producing metal goods.”
Speaking of Severstal’s exports to Ukraine, he said, “We have never exported big volumes there, especially of late, over rather low growth rates of the Ukrainian economy in the past quarters and years, therefore we feel no significant impact on our exports to Ukraine.”
Dneprometiz is Ukraine’s leading producer of steel wires, nails, fastenings and metal gauze. It joined Severstal-metiz in February 2006.
Severstal-metiz has its branches in Russia, Ukraine and Italy. It exports its products to Europe, Ukraine and other CIS member-states.
Severstal is one of the world’s largest vertically integrated steel-making and mining companies with assets in Russia, the United States, Ukraine, Poland, Latvia, Italy, Liberia and Brazil. Director-General Alexei Mordashov owns a 79.2 percent stake in the company.