Moldova Steel Works resumes manufacturing

03/03/17 15:16

Moldova Steel Works resumes manufacturing

This year, the works plans to produce about 600 thousand tons of rolled stock that is almost five times more than previously

Rybnitsa, March 3. /Novosti Pridnestrovya/. Moldova Steel Works has resumed manufacturing today. Production of steel was resumed at night; production of rolled metal began in the morning.

Prime Minister Alexander Martynov has observed the first eliquation, has noted the importance of this event and has emphasized that the new management of the works and the business plan will provide seamless operation and regular revenue to the budget of Rybnitsa and the republic in general.

The MSW plans to produce 34 thousand tons of steel and 27 thousand tons of rolled metal in March.

According to the CEO of the enterprise Sergey Kornev, the sales portfolio has already been built. The works plans to produce about 600 thousand tons of rolled metal in total this year that is almost five times more than in 2016.

As the chairman of the board of directors, the Economic Development Minister Sergey Obolonik has noted that it will provide financial resources for the further work of the plant.

The head of the government Alexander Martynov has noted that the business plan of the plant doesn't assume serious and sustained cash deficiency. It provides almost full financial independence of the Moldova Steel Works.

 

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