9 November 2012 // Press centre Metinvest Group
Expanding its distribution network, Metinvest Eurasia LLC, a wholesale and retail sales channel of Metinvest Group in Russian Federation, opened a warehouse in Penza, one of the largest industrial centers in Volga (Privolzhsky) Federal District.
Current distribution network of Metinvest Eurasia in Povolzhje Region includes steel service centers in Saratov and Volgograd. Sales from the warehouse in Penza service center will help the company to more fully meet the needs of customers from both Penza Region and other neighboring regions like Ulyanovsk, Samara Regions, and Republic of Mordovia. Metinvest Eurasia ships products from 30 warehouses in Central, Southern, North Caucasian, Northwestern and Volga Federal Districts.
Steel Service Center in Penza will continuously maintain about 3-4 Kt stock of plate, HR sheet, CR sheet, HDG, rebar, wire rod, beams, channels, shaped pipes manufactured by Metinvest enterprises (Azovstal, MMKI, EMZ, Zaporozhstal) and other steel companies of Ukraine and CIS.
“Metinvest Eurasia sees its development priority in improving the customer service and ability to effectively meet the needs of local customers in the target regions of Russia. We seek to be closer to our customers geographically, and deliver the rolled products that best meet their needs. With the wide range of Metinvest products we are able to consider both individual needs of our customers and specifics of the region. Namely, Penza steel service center will offer the full range of conventional and low-alloyed sheets and plates. Our existing and new customers in Penza, Ulyanovsk, Samara Regions, Republic of Mordovia will find it quicker and more logistically convenient to purchase steel products from Metinvest warehouse in Penza compared to Metinvest warehouse in Saratov, - Roman Rybalov, CEO of Metinvest Eurasia, said.
- Editorial notice:
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METINVEST EURASIA LLC is a wholesale and retail sales channel for Metinvest Group steel products in Russian Federation. The Company sells the products of MMKI, Zaporozhstal, Azovstal, EMZ and other manufacturers at the Russian market through the subsidiaries network comprising of over 30 warehouses and service metal centers in Central, South, North-Caucasus, Northwestern and Volga Federal Districts of RF. The main consumers of Metinvest Eurasia products are represented with the enterprises working in machine building, metallurgy and construction, as well as steel structures plants, metal trading companies and SMC — over 3000 assets of Russia.
METINVEST GROUP is a vertically integrated steel and mining group of companies, managing every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. The Group comprises steel and mining production facilities located in Ukraine, Europe and the USA and has a sales network covering all key global markets. Metinvest Group is structured into two operating divisions: Metallurgical and Mining Divisions and has a strategic vision to become the leading vertically integrated steel producer in Europe, and to deliver sustainable growth and profitability resilient to business cycles, providing investors with returns at above the industry benchmarks. The Group generated US$6.74billion of revenues and a 16% EBITDA margin for the first half of 2012.
The major shareholders of METINVEST B.V. (a holding company of Metinvest Group) are SCM Group (71.25%) and Smart-Holding (23.75%), partnering in the Company’s management.
METINVEST HOLDING, LLС is the managing company of Metinvest Group.
For additional information please visit www.metinvestholding.com
Contact person:
Evgeniy Dubogryz
Corporate Communications Manager
+380 62 214 72 85
press@metinvestholding.com