Swedish manufacturer Hanza will buy a metalworking plant in Estonia’s Narva, employing 400 people, and will become one of the biggest employers in the eastern border city. Finnish company Fortaco currently owns the metalworking plant and has done so for nearly 20 years. The facility produces heavy engineering components for the forestry and mining sectors.…
Prime Minister Olzhas Bektenov has directed the Ministry of Industry and Construction to formulate additional stimulus measures for Kazakhstan’s metallurgical sector within the next month. Bektenov announced the directive during a government meeting reviewing the country’s socio-economic performance in the first half of 2026. The Ministry of Industry and Construction, together with Tau-Ken Samruk, has…
In January, Uzbekistan manufactured metallurgical products worth 29.2 trillion sums, according to the National Committee on Statistics of Uzbekistan. This represents a 2.1-fold increase compared to the same period in 2025, highlighting significant growth in the sector. Data over recent years show a consistent upward trend in metallurgical output: 4.8 billion sums in 2020, 6.8…
A Diamond Steel plant for the production of aluminum-zinc and non-ferrous coated steel coils is being built in Turkestan region. A 15-hectare plot of land within the Turan SEZ has been allocated for the plant’s construction. The project cost is 41 billion tenge ($84.9 million). The plant is expected to launch in late 2026. Kazakh…
The Ukrainian government is in dialogue with the European Union on maintaining the current conditions for access of Ukrainian metallurgical products to the EU market, Deputy Prime Minister for European Integration of Ukraine Taras Kachka has said during the Forbes Ukraine Exporters Summit. The EU plans to strengthen protection of the domestic market from steel…
On March 24, Bobir Islamov, Minister of Mining and Geology of Uzbekistan, met with representatives from Tajikistan, led by Sherali Kabir, Minister of Industry and New Technologies. The parties discussed the current state and prospects for bilateral cooperation in the mining, metallurgical, and broader industrial sectors. Special attention was given to strengthening collaboration between industry-specific…
The output of Uzbekistan’s metallurgical industry in January-November 2025 exceeded 206 trillion sums. According to the State Committee on Statistics, enterprises in the sector produced goods worth 206.9 trillion sums, representing a 1.5% increase compared to the same period in 2024. The largest contribution came from Navoi region, where metallurgical production reached 118.8 trillion sums.…
Work has started on a EUR 14-million iron foundry in Kohila, Rapla County. Operated by shipbuilders BLRT Grupp, the foundry will employ 70 people and will be one of the largest investments in the foundry industry in the Baltic and Finnish region. It is set to start working next year, and is seen as of…