The metallurgical company EVRAZ plans to create a public joint-stock company (PJSC) in Nizhny Tagil. The new structure will unite key assets groups, including smelters and mines, which will simplify investment and management.
The new company will include Nizhny Tagil and West Siberian metallurgical plants, as well as about 60 other legal entities. At the same time, all enterprises will retain their names and continue to operate as usual.
The creation of PJSC will allow EVRAZ to strengthen economic stability and improve management efficiency. The company emphasizes that this decision will also support social programs and investment projects in the regions where it operates.
The Kemerovo region will continue the engineering program education in schools and universities, including SibGIU. Modernization of medicine and improvement of Novokuznetsk, Tashtagol and Guryevsk are also planned. In the Tula region, EVRAZ will develop sports and environmental projects.
Shares of PJSC EVRAZ are planned to be listed on the Moscow Exchange in the first half of 2026. This will open up new opportunities for investors and strengthen the company’s position in the market.
Consolidating assets into PJSC is an important step for EVRAZ, which will allow optimizing business processes and continuing the development of social initiatives in the regions.
The material was prepared with the support of the Russian Ministry of Education and Science as part of the Decade of Science and Technology
Source: @nerzhavey
Photo: ura.news
