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Metinvest's Bulgarian plant has reached a record level of steel production

Ukraine / Europe / Ferrous metallurgy

Located near the port of Burgas, the rolling mill of Rinat Akhmetov and Vadim Novinsky significantly increased the production and sales of steel products in 2020.

Metinvest's Bulgarian plant has reached a record level of steel production
Фото: Промет Стил / https://www.facebook.com/metinvest

Rolling plant "Promet Steel" of Metinvest Group in Bulgaria in 2020 produced 501 thousand tons of metal products, which is 9% higher than the indicators planned for the last year. In addition, according to the press service of the company, such a volume is not only an overfulfillment of the plan, but also the achievement of a record figure for the entire period of the plant's operation.

Despite the crisis caused by the COVID19 coronavirus pandemic, the Burgas plant was able to increase sales to Romania - last year, delivering 294 thousand tons of products. In total, in 2020, Promet Steel shipped 495 thousand tons of its products to customers, which were sold to the countries of South-Eastern Europe: Bulgaria, Greece, Macedonia and Hungary.

"Promet Steel" is a high-tech enterprise specializing in the production of a wide range of profile sizes from ordinary and special grades of steel. The enterprise is located 25 kilometers from the port of Burgas, within the village. Debelt, near the city of Burgas. The port and the plant are connected by road transport and railway. ways. Since 2010, Promet Steel JSC has been part of the Metinvest Group.

Metinvest Holding LLC is the management company of Metinvest Group. The main shareholders of Metinvest are Rinat Akhmetov's SCM group (71.24%) and Vadim Novinsky's Smart Holding (23.76%), jointly managing the company.

Metallurgical enterprises of Metinvest Group in 2020 began production 54 new types of products, which brought $ 22.4 million in economic effect from their implementation.

МЕТАЛЛУРГПРОМ
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