14 July 2006

The Izhorsky large-diameter pipe plant in Kolpino started its operations

Russia’s President Vladimir Putin, Minister of industry and energy of Russia Victor Hristenko, Plenipotentiary of President in northwest federal region Ilya Klebanov, St. Petersburg Governor Valentina Matvienko, a member of the Board of Directors and Deputy Chairman of OAO Gazprom Alexander Ananenkov, Transneft Chairman and President Semen Vainshtok, Rosneft President Sergey Bogdanchikov, CEO of Severstal Group Alexei Mordashov, SMS Group President Henrih Weis and SMS Meer President Joahim Shenbek attended the opening ceremony.

“Construction of Izhorsky pipe plant demonstrates our strategy to produce modern and high technological products, which are capable to successfully compete with best world analogues, – said Mr. Mordashov. -The cooperation with future consumers of the pipes allowed us to reach a maximum conformity with the requirements for construction of long-range gas and oil pipelines.”