Evraz to be ready to close some of its enterprises in Russia “to decrease costs and increase its operating efficiency”

The management of the metallurgic corporation Evraz Plc considers the possibility to close a number of enterprises, located in Russia, the company’s Vice President of Large Projects, Marat Atnashev told journalists.

“We understand that unproductive enterprises may be closed, or their production volumes may be decreased,” – he said. Atnashev added that such plan is considered within the optimization of assets from the point of view of decreasing costs and an increase of operating efficiency, -  Prime transmits. “Our task is to fulfill this program in the next year or two,” – he noted.

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer