Project Initiator Information

OJSC MMK-METIZ

5, Metiznikov Str., Magnitogorsk town, Chelyabinsk region, 455002

tel./fax +7 (3519) 24-15-27/24-77-82

www.mmk-metiz.ru

Company executive

Alexey Dmitriyevich Nosov

Lines of business of the organization

Production and sale of wire, fasteners, nets, nails and other products of manufacturing designation

Brief description of the project

Project objectives

- replacement of the physically and morally worn-down wiredrawing equipment, preserving the current volume of output and sales:

- quality improvement of process wire and commercial high-carbon wire, by means of excluding the axial wire coiling at the wiredrawing;

- increase in efficiency by means of higher speed of wiredrawing of the direct-flow drawing machine;

- lowering costs of production by means of decreasing the rate of metal use, use of energy carriers, accessory materials, optimization of workers number;

- lowering repair costs and equipment maintenance costs;

- growth of profits by increasing the sale price by improving the finished commodity production quality and improvement of competitiveness.

Total cost of the project

933,6 million rubles

Required investment

933,6 million rubles

Payback period of the project (years)

2,4 years

Project documents

Business plan and project documents are available.

Current project status

Initial stage

Expected forms of cooperation

Investment credit or other form of financing (on agreement)

Contact person

Vadim Alekseyevich Bakshinov, the head of the strategic development department of MMK-METIZ

tel/fax +7 (3519) 25-09-35/24-58-07

E-mail: VABakshinov@mmk-metiz.ru