Company type | Joint stock |
---|---|
Industry | Mining, steel |
Founded | 1999 |
Headquarters | Moscow |
Key people | Nazim Efendiev (Chairman of the Board of Directors)[1] |
Products | Iron ore Steel Steel products Financial services |
Revenue | ₽363 billion[2] (2017) |
$1.14 billion[3] (2016) | |
$1.15 billion[3] (2016) | |
Total assets | $6.2 billion[3] (2016) |
Total equity | $975 million[3] (2016) |
Owner | USM Holdings (100%)[4] |
Number of employees | 60,000 (2014)[5] |
Website | metalloinvest.com |
Metalloinvest Management Company LLC (Russian: Металлоинвест) is a Russian mining and metallurgy company specializing in the manufacture of steel. It was founded in 1999 and is composed of a mining division (Lebedinsky GOK and Mikhailovsky GOK) and a steel division (Oskol Elektrometallurgical Plant (OEMK) and Ural Steel). USM Holdings Business Development owns 100% of Metalloinvest JSC. Alisher Usmanov is the major beneficiary of USM Holdings (60%), with other major beneficiaries — the companies of Andrei Skoch and Farhad Moshiri — owning 30% and 10%, respectively.[4]
In August 2021 Bloomberg News announced the first IPO of Metalloinvest in 2022 with around 22 billion dollars due diligence.[6] In 2022, the company's revenue amounted to 121 billion rubles.[7]
Investments
Mining
Metallurgy
Mechanical engineering
Distribution and other
HoReCa
Domestic competitors include Evraz Group and Novolipetsk Steel.