non-financial development institution
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Тригубко Виктор
Victor Trigubko
Senior Vice President for Government Relations, Mechel
Quotes
06.06.2019
SPIEF 2019
Russia–Baltic States: Pathways to Trust and a Beneficial Partnership
First: we own Mechel Nyamunas, a metallurgical production facility since 2003. It means we have been present in Lithuania for 16 years now. <…> Today, this is a successful enterprise: it is rebuilt, it is modernized, it delivers steady flow of produce on time. <…> Second: export. <…> Today, Mechel delivers over thirty various metallic product units through Latvia, Lithuania, and Estonia. These products are in high demand. The volumes are not overly high, but they are there. Well, not overly high… 4 billion worth last year
06.06.2019
SPIEF 2019
Russia–Baltic States: Pathways to Trust and a Beneficial Partnership
Mechel Nyamunas is built in such a way that it cannot work without raw materials. The plant needs 80 to 100 thousand tonnes of raw material and we manage to provide it. Today, there is a paramount issue at hand: European Union quotas. We never know: the algorithm of quotas differs greatly from the one in place in the 1990s. Today, we can never tell if our raw materials are going to clear the customs or will there be a 25% duty imposed on top. In case of the duty business does not make sense