Evraz Group
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| Evraz Group | |
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| Type of Company | Public LSE: EVR |
|---|---|
| Founded | |
| Headquarters |  Moscow |
| Key people | Valery Khoroshkovsky CEO |
| Industry | Steel |
| Products | Steel Steel products Vanadium slag Iron ore Coal |
| Revenue | ~ |
| Employees | ~ |
| Slogan | N/A |
| Website | http://www.evraz.com/ |
Evraz Group is one of the world's leading vertically integrated steel production and mining businesses, with operations mainly in Russia. Annual steel output is about 14 million tonnes.
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[edit] Overview
The company is a vertically integrated holding with high self-sufficiency in iron ore and excessive coking coal production, which allows the company to be one of the largest participants on the domestic coking coal market through its affiliates. Evraz also controls some metal trading and logistic assets. Based on 2005 results, the metal segment represents some 95 percent of Group revenue. On June 2, 2005 Evraz Group floated some 8.3 percent of its shares in the form of GDR in London. The company was priced at $14.50 per GDR implying an equity value of $5.15 billion.
Evraz' European offices are located in Luxembourg.
[edit] Evraz Group Shareholders Structure
Evraz Group was formed by contributing some 96 percent of the shares of Mastercroft, the holding company through which Evraz owns its subsidiaries, into a newly created company. Mastercroft was owned by Crosland Global Ltd, which is in turn controlled by Evraz beneficial shareholders. Approximately 82.7 percent of the stake in the company remains under the control of the core shareholders, while about 14% of the stock is traded on the London Stock Exchange.
[edit] Evraz Subsidiaries
[edit] Steel
- Nizhny Tagil Iron and Steel Plant - NTMK - in Nizhny Tagil; major steel and vanadium slag producer NTMK
- Novokuznetsk Iron and Steel Plant - NKMK in Novokuznetsk; major steel producer; leading in railway steel NKMK
- Palini e Bertoli in Italy's Udina Province; rolling mill/steel plate products, in association with Clama Srl Palini and Bertoli
- Strategic Minerals Corporation - Stratcor in the USA; vanadium, tungsten, alloys; facilities in Arkansas, Pennsylvania, Brits, North West in South Africa; headquartered in Danbury, Connecticut Stratcor
- Vitkovice Steel steel plate maker in the Czech Republic; Vitkovice Steel
- West Siberian Iron and Steel Plant - ZapSib - ZSMK large steel producer in Siberia; ZapSib
[edit] Ore
- Evrazruda mining and enrichment facilities in Kemerovo Oblast
- In the Kemerovo Oblast: Tashtagol Mine, Kaz Mine, Sheregesh Mine, Gurev Mine, Abagur Sinter and Enrichment Plant
- In the Republic of Khakassia: Abakanskoye Mine, Teya Mine
- Kachkanarsky Ore Mining and Processing Enterprise - Vanady - KGOK pit mining in Sverdlovsk; KGOK
- Vysokogorsky Mining and Processing Integrated Works/VGOK underground mining near Nizhny Tagil; VGOK
- Bysokogorsk Deposit; Lebyzhinsk Deposit; Estuninsk Deposit; Mednorudyansk Deposit
[edit] Coal
- Mine 12 coal mining in Kemerovo Oblast
- Neryungriugol coal mining; Denisovskoye Field in Republic of Sakha, in association with Mitsui Company
- Raspadskaya/Joint Stock Company Raspadskaya underground coking coal mining in Kemerovo, in association with Corber Enterprises Limited
- Yuzhkuzbassugol coking coal mining in the Kuzbass Region
[edit] Other operations/Distribution
- EH Trading House
- Evraztrans Evraz' railway forwarding company
- Ferrotrade Limited selling Evraz' products in China and Southeast Asia
- Metallenergofinance MEF, supplying electricity and heat for Evraz facilities
- Nakhodka Commercial Sea Port in the Russian Far East, handling most of Evraz' exports NCSP
- OOO EvrazHolding/EvrazHolding management and accounting
- Sinano Shipmanagement
- Trading House EvrazHolding/TH EvrazHolding working in domestic sales
- Trading House EvrazResource/TH EvrazResource working in domestic sales
[edit] Notes
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