MMK Remains One of Urals & Siberia’s Largest Companies

31 October 2012 (17:18)

October 31, 2012. The Expert-Ural magazine carried the rating of the Urals and Siberia’s 400 largest enterprises in 2011. MMK Group came fourth in the rating.

Magnitogorsk Iron & Steel Works (MMK) Group, with its revenues at 273.5bn RUR (according to the IAS), was given the fourth position in the rating, which means it has retained its last year’s position. This is the best result among all metallurgical companies and businesses outside the O&G sector.

The companies’ position in the rating was based on the figures for sales of produce (work, services) in the year 2011. The rating accounted for enterprises and divisions of holdings based in the so-called Greater Urals area. The holdings whose head office is in the region were evaluated on the basis of their consolidated accounting reports.

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