Governor of Sverdlovsk Region Eduard Rossel met up with Novolipetsk Iron & Steel Works (NLMK) BOD Chairman Vladimir Lisin and Maxi Group’s General Director Valeriy Shevelev to discuss their businesses’ performance.

A little over a year ago, NLMK group (headed by Vladimir Lisin) acquired Maxi Group’s controlling shareholding. As it happens, Maxi Group actually comprises a number of Sverdlovsk Region-based metallurgical plants; in addition, NLMK owns the local VIZ Stal.

Vladimir Lisin informed the Governor that all of the holding’s enterprises kept on operating. He explained that about 60% of their production capacity was actually being used at the moment, but in the second half of 2009, only 20% of machinery would be idle compared to last year’s level.