MMK-LMZ has completed the implementation of a trilateral special investment contract
The first trilateral SPIC in Russia was signed by MMK-Lysvensky Metallurgical Plant (part of the MMK Group), the government of the Perm Region and the administration of the Lysvensky City District in 2015 within the framework of the Federal Law "On Industrial Policy in the Russian Federation".
During the implementation of the project, MMK-LMZ built and successfully put into operation in 2016 a new, unparalleled in Russia, decorative coating unit for sheet metal. The construction of the unit became part of the "Strategy for the development of the Ferrous Metallurgy of Russia for the future until 2030", and MMK-LMZ products were included in the "Action Plan for import substitution in the ferrous metallurgy industry of the Russian Federation".
The successful completion of the trilateral contract by joint efforts in 2021 allowed the government of the Perm Region and the administration of the city of Lysva to increase tax revenues to budgets of all levels, and MMK-LMZ – to receive preferential tax treatment. But the main thing is that a new modern production and new jobs have appeared in the Perm Region, and products manufactured under its own SteelArt trademark have gained recognition in the markets of Russia and neighboring countries.
"The implementation of this project is a powerful impulse in the development of our enterprise," said Alexey Kuznetsov, Director of MMK–Lysvensky Metallurgical Plant LLC. – The new type of products allowed us to expand the geography of sales, to find new market segments for ourselves. All this became possible thanks to the implementation of a special investment contract. I thank the Government of the Perm Region, the administration of the city of Lysva for their high professionalism. We have gained a successful and invaluable experience together."
"The integration of the Lysvensky Metallurgical Plant into the MMK Group's production chain has had a positive effect both for the Group of Companies and for the plant itself," said Pavel Shilyaev, General Director of PJSC MMK, "We have managed to significantly expand the company's product line and master new types of products. The production of new types of rolled products with decorative SteelArt coating, implemented under the contract, is in high demand on the market. At the moment, the release of 9 drawings of this rental has been mastered, and we plan to develop this direction in the future."
MMK-Lysvensky Metallurgical Plant LLC
Lysvensky Metallurgical Plant is the only manufacturer of electrolytically galvanized rolled products with protective coatings in Russia. The company joined the MMK Group at the end of 2017. The capacity of the site for the production of cold–rolled rolled products with polymer coating is 350 thousand tons per year, for the production of galvanized rolled products - 390 thousand tons. A wide range of polymer-coated rolled products is presented at LMZ: from the basic segment for the production of roofing materials and profiling to high-quality premium-segment rolled products for the production of premium-class roofing, interior decoration, as well as for parts of household appliances housings.
PJSC "MAgnitogorsky metallurgical combine"
Magnitogorsk Iron and Steel Works PJSC is one of the world's largest steel producers and holds a leading position among the ferrous metallurgy enterprises of Russia. MMK Group's assets in the Russian Federation represent a large metallurgical complex with a full production cycle, starting with the preparation of iron ore raw materials and ending with the deep processing of ferrous metals. PJSC Magnitogorsk Iron and Steel Works is a recognized leader in the metallurgical industry of the Russian Federation in terms of the variety of the range of products and the pace of technical re-equipment of production. In 2021, MMK Group produced 13.5 million tons of steel and sold 12.5 million tons of metal products.
