Investments into Karelsky Okatysh, a part of Severstal, in 2017 will reach 4.7 billion rubles.
1.7 billion will be spent on decreasing expenses, increasing output and improving products quality.
2 billion rubles will be spent on buying new equipment.
Energy efficiency also remains one of the primary targets.
“Not all companies in the industry have such investment programs. We get a lot of money invested into us. This shows the high trust in the employees of Karelsky Okatysh”, the company CEO Maxim Vorobiev said. (Ukrainian metal)