12 June 2013
Metinvest Eurasia, LLC – Metinvest Group’s retail sales network in the Russian Federation, in its effort to expand the distribution network in Volga River Basin, opened its sales office and a service metal center in Nizhny Novgorod.
Nizhny Novgorod is one of the largest and actively developing industrial centers of Volga Federal District. Machine building, pipe making, ship building and other industrial companies are located there.
The substantial role of the city in the economy of the region along with the positive dynamics of its development were the main drivers for the decision to open Metinvest Eurasia’s warehouse and sales office in this location.
This project will optimize logistics and improve service rendered to Metinvest Eurasia’s customers from the Nizhny Novgorod, Kostroma, Kirov Regions, Autonomous Republics of Mariy-El and Chuvashia by improving the responsiveness of the system in terms of standard and customized steel products delivery.
The metal base in Nizhny Novgorod will maintain 4-5 thousand tonnes of goods inventory, including the generic and low-alloyed heavy plate, ship building plate, cold rolled and galvanized product, beam, angle, channel, bent profile, rebar, wire rod and other products from Metinvest’s iron and steel works: Azovstal, Ilyich Iron and Steel Works, Yenakiievo Iron and Steel Works and Zaporozhstal.
“The warehouse in Nizhny Novgorod will allow strengthening our distribution network in the Volga River Basin and focusing our efforts on provision of effective logistics, service, broad product range to our customers through our sites in Saratov, Penza, Volgograd, and now in Nizhny Novgorod. This is an important step in Metinvest’s Customer-focused strategy implementation. Customer-focus is the fundamental principle of our development”, – said Roman Rybalov, CEO of Metinvest Eurasia, LLC.
- For editors:
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 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.