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NLMK group has launched a new portal for startups

Press Releases

NLMK Group, the international metals company, has opened a new online platform for attracting partners for joint implementation of innovation projects – NLMK.lab https://lab.nlmk.com.

using this platform, developers will get a convenient channel for access to the final business of the customer, and the operational expertise of its project. The most successful solutions will be industrial tests at the production sites, NLMK Group around the world.

NLMK invites the partners in innovation a simple algorithm of cooperation. After filling the application on the website of NLMK.lab and receiving immediate feedback, the authors of the ideas together with experts NLMK will determine the applicability of solutions in industrial environment and evaluate its potential. Then run a pilot project that will test the effectiveness of the project and will define the possibility of further scaling and development partnership.

For consideration to ideas that increase the efficiency of existing technologies for the production, repair and maintenance of equipment, logistics, energy, environment, and other processes.

To date, more than 250 startups were expert study in the company, more than 30 are under pilot implementation.

about the company

NLMK Group is a vertically integrated steel company and Russia's largest and one of the world's most efficient producers of steel products.

NLMK's metal Products are used in various industries, from construction and engineering to power-generating equipment and offshore wind turbines.

the Production assets of NLMK are located in Russia, Europe and the USA. The production capacity of steel companies over 17 million tonnes a year.

NLMK has high competitiveness in cost among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue for 2019 amounted to 10.6 billion dollars, EBITDA – $ 2.6 billion. The ratio of Net Debt/EBITDA amounted to 0.7 H. the Company has a credit rating of investment grade from S&P, Moody's, Fitch and RAEX (Expert RA).

Ordinary shares of JSC "NLMK", free float which is 18.6%, are traded on the Moscow Stock Exchange (Ticker "NLMK"), global Depositary shares on the London stock exchange (Ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of 1 Russian ruble. Read more about equity NLMK can be found at the link.

for more information about NLMK Group, please visit.

Download photos and corporate video NLMK Group in Mediobanca the link.

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