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Medvedev to visit Kaluga region to attend the opening of new NLMK Group plant

July 23, 2013, 3:35 UTC+3
Medvedev will be accompanied by Vice-Premier Arkady Dvorkovich
1 pages in this article
Photo ITAR-TASS

Photo ITAR-TASS

MOSCOW, July 23 (Itar-Tass) - Russian Prime Minister Dmitry Medvedev will visit Russia’s Kaluga region on Tuesday to attend the opening of a new steelworks OOO “NLMK- Kaluga” in the Vorsino industrial estate. The government press service reports that Medvedev will also meet the employees of a multi-functional center for the provision of state and municipal services of the Maloyaroslavets district.

Medvedev will be accompanied by Vice-Premier Arkady Dvorkovich, Economic Development Minister Alexey Ulyukayev and Governor of the Kaluga region Anatoly Artamonov.

The NLMK Group (the Novolipetsk Steel Company) is a transnational company which owns plants in Russia, Europe and the United States. The Novolipetsk Steel Plant open joint-stock company is the Group’s main enterprise with a complete steel production cycle. The group accounts for over 43% of all sales of high VAT steel products in Russia. The chief consumers of NLMK’s steel products include the construction and metal-processing industries, pipe and tube production plants and the automobile industry. The NLMK Group exports its products to more than 70 countries.

In 2000, the Novolipetsk Steel Plant launched a large-scale program of technical retooling and development. The construction of the plant’s blast furnace complex was completed in 2011. A new production complex with a capacity of 3.4 million tons of pig iron became the first such facility built in Russia over the past 20 years. The total amount of investments in the project is estimated at about 40 billion rubles. By 2012, the Novolipetsk Steel Plant had increased its steel production to 12.4 million tons. It has mastered the production of high-resistance steel and highly-permeable transformer steel with annual production volumes of 64,000 tons.

OOO”NLMK-Kaluga” is a new plant for the production of steel and rolled stock for the construction industry. It is located 90 kilometers away from Moscow. The new plant will saturate Russia’s central regions, which consume more than a third of all rolled stock produced in the country, with steel products. The steel-smelting and rolled stock capacities are 1.5 million tons and 900,000 tons a year, respectively. The total amount of investments in the project exceeds 38 billion rubles.

 

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