Home / Press Releases / NLMK Group will continue cooperation with the participants of the first Russian accelerator of environmental start-ups

NLMK Group will continue cooperation with the participants of the first Russian accelerator of environmental start-ups

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NLMK Group, an international metallurgical company, has selected GreenTech Startup Booster accelerator for environmental and sustainability technology startups among the finalists for potential cooperation. More than 150 companies took part in the accelerator organized by the Skolkovo Foundation with the support of the Ministry of Natural Resources, the Ministry of Construction, the Ministry of Energy of Russia and industry partners. The experts of NLMK, the official industrial partner of the program, assessed their projects.

NLMK specialists were primarily interested in technologies that help to solve the company's urgent tasks in the field of environmental and climate protection. These include efficient systems for dust suppression, emission treatment, air and water monitoring systems, resource conservation and waste recycling projects. Among the finalists of the accelerator, NLMK noted the technology for the production of commercial products from liquid metal slag for the construction of roads and the residential sector, the production of compact gas treatment plants, as well as digital solutions to optimize the waste management process. The proposals of these companies will be worked out with the possibility of conducting pilots at NLMK industrial sites.

“We have become a partner of the initiative with great pleasure and are satisfied with both the quantity and quality of the proposed environmental solutions,” commented Vice President for Energy and ecology of NLMK Group Sergey Chebotarev.

Information about NLMK Group

NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the most efficient in the world steel product manufacturers.

NLMK Group's steel products are used in various industries, from construction and mechanical engineering to power equipment and offshore wind turbines.

NLMK's production assets are located in Russia, Europe and the United States. The company's steel production capacity exceeds 17 million tonnes per year.

NLMK demonstrates high cost competitiveness among global manufacturers, and the company's profitability is one of the highest in the industry. The company has investment grade credit ratings from S&P, Moody's, Fitch and Expert RA.

NLMK's common shares, with free-float of 20.7%, are traded on the Moscow Stock Exchange (ticker “NLMK” ), global depository shares - on the London Stock Exchange (ticker "NLMK: LI"). The share capital of the Company is divided into 5,993,227,240 ordinary shares with a par value of 1 Russian ruble. More information about NLMK's share capital can be found here.

For more information about NLMK Group, visit the website.

You can download photos and corporate videos of NLMK Group from the media bank at the link.

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