){kind=logo} | |
| Type | Joint stock |
|---|---|
| Industry | Mining, steel |
| Founded | 1999 |
| Headquarters | Moscow |
Key people | Ivan Streshinsky (Chairman) |
| Products | Iron ore Steel Steel products Financial services |
| Revenue | ₽363 billion[1] (2017) |
| $1.14 billion[2] (2016) | |
| $1.15 billion[2] (2016) | |
| Total assets | $6.2 billion[2] (2016) |
| Total equity | $975 million[2] (2016) |
| Owner | USM Holdings (100%)[3] |
Number of employees | 60,000 (2014)[4] |
| Website | www.metalloinvest.com |
Metalloinvest Management Company LLC (Russian: Металлоинвест) is a Russian mining and metallurgy company specializing in the manufacture of steel. It was founded in 1999 and is composed of a mining division (Lebedinsky GOK and Mikhailovsky GOK) and a steel division (Oskol Elektrometallurgical Plant (OEMK) and Ural Steel). USM Holdings Business Development owns 100% of Metalloinvest JSC. Alisher Usmanov is the major beneficiary of USM Holdings (60%), with other major beneficiaries — the companies of Andrei Skoch and Farhad Moshiri — owning 30% and 10%, respectively.[3]
Related companies and subsidiaries
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Mikhailovsky GOK, one of the largest iron ore mining and processing facilities in Russia and the CIS.
Investments
- Metalloinvest Holding in Moscow
- In August 2017, Metalloivest Holding acquired shares in Nautilus Minerals together with Mawarid Offshore Mining.[5]
Mining
- Lebedinsky Mining[6] and Processing Integrated Works/Lebedinsky GOK in Gubkin, Belgorod Oblast; 20% share of domestic iron ore market[7]
- Mikhailovsky Mining and Processing Integrated Works/Mikhailovsky GOK[8] in Zheleznogorsk, Kursk Oblast; another 20% share of the domestic iron ore market
- Norilsk Nickel: in July 2017 Metalloinvest Cyprus, an indirect subsidiary of Metalloinvest, completed the sale of its 1.79% stake in mining company Norilsk Nickel.[9] The sale raised around $400 million.[10]
Metallurgy
- Ural Steel, based in Novotroitsk, Orenburg Oblast; large Russian integrated steel manufacturer. In 2017 SteelAsia announced an increase in the amount of steel to be purchased from Metalloinvest owned Ural Steel.[11]
- Oskol Electrometallurgical Integrated Works in Stary Oskol, Belgorod Oblast; large electric steel manufacturer[12]
- Oskol Trading Metallurgical Company LLC in Moscow
- Moldova Metallurgical Plant (MMP), large electric steel manufacturer[13]
- Provider of 1.6 million tons of pellets and 1.8 million tons of iron to Evraz in a partnership deal signed in August 2017[14]
Mechanical engineering
- ORMETO – YUMZ Mechanical Engineering Group of Companies in Orsk, Orenburg Oblast; metallurgy, mining and energy engineering; industrial equipment manufacture
Distribution and other
- Metalloinvesttrans, transport, rail transport, sea terminals
- OJSC Tulachermet
Competition
Domestic competitors include Evraz Group and Novolipetsk Steel.
See also
References
- ^ "Рейтинг крупнейших компаний России по объему реализации продукции". Expert RA. Archived from the original on 28 October 2018. Retrieved 28 October 2018.
- ^ a b c d http://www.metalloinvest.com/upload/iblock/1b6/metalloinvest_2016_fs_usd_en_signed.pdf.
- ^ a b "Archived copy". Archived from the original on 4 March 2016. Retrieved 28 February 2016.
- ^ "Archived copy" (PDF). Archived (PDF) from the original on 11 March 2016. Retrieved 28 February 2016.
- ^ "Archived copy". Archived from the original on 7 October 2017. Retrieved 7 October 2017.
- ^ Davies, Rob; Beizsley, Daniel (11 September 2016). "Taxpayers funded loans for foreign metals firm amid UK steel crisis". The Guardian. ISSN 0261-3077. Archived from the original on 4 October 2017. Retrieved 19 September 2017.
- ^ Lebedinsky GOK
- ^ "Russian businessman Usmanov rejects opposition activist Navalny's bribe charges". TASS (in Russian). Archived from the original on 16 May 2017. Retrieved 19 September 2017.
- ^ "Metalloinvest to sell Norilsk Nickel stake - bookrunner". Reuters. 20 July 2017. Archived from the original on 19 September 2017. Retrieved 19 September 2017.
- ^ Editorial, Reuters. "BRIEF-Russia's Metalloinvest sells Nornickel stake at $14.10/share". U.K. Archived from the original on 19 September 2017. Retrieved 19 September 2017.
- ^ "BusinessWorld | SteelAsia forges deals with Russian steel makers". www.bworldonline.com. Archived from the original on 5 August 2017. Retrieved 19 September 2017.
- ^ "Oskol". Archived from the original on 26 September 2017. Retrieved 1 April 2020.
- ^ MMP
- ^ "Evraz Signs Deal With Metalloinvest For Supply Of Iron Ore, Pellets". 7 August 2017. Archived from the original on 2 September 2017. Retrieved 19 September 2017.