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Ivan Demchenko, the owner and CEO of the Novostal-M Holding, presented an investment project at the ALMAZ DIGITAL Technological Cluster opening ceremony
07 September 2021

On September 7, in the presence of M. V. Mishustin, Prime Minister, V. V. Volodin, Chairman of the State Duma, D. V. Manturov, Minister of Industry&Trade, and V. V. Radaev, Governor of the Saratov region, Ivan Demchenko, the owner and CEO of the Holding, told about the new investment project. The project includes the construction of a complex of an all-purpose rail-rolling mill with an annual capacity of 1.2 million tons, at Balakovo SF.

The project is focused on expanding the range of the Factory's products and export supplies. About 650 thousand tons of products are to be shipped to international markets.

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