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Restructuring of steel companies in Russia: characteristics and results


Aleksandr Ivashkevich
(about the author)

Ivashkevich Aleksandr Sergeevich –

Published in:
Russian Journal of Entrepreneurship
– № 5-2 / May, 2009



Keywords: financial crisis, industry, industry transnationalization, mergers and acquisitions, restructuring, steel industry, vertical integration


Citation:
Aleksandr Ivashkevich (2009). Restructuring of steel companies in Russia: characteristics and results. Russian Journal of Entrepreneurship, 10(5), 88-92. — url: http://bgscience.ru/com/lib/1791


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Abstract:

In 2000 years Russian metallurgical companies had been actively restructuring their business, acquiring assets both abroad and in Russia, implementing new technologies that allowed them to enter into a group of world leaders. Despite the steel industry is among the first to feel the impact of global economic crisis, resulting in a sharp decline in demand for the industry production. This situation requires a new evaluation of the restructuring and the adoption of urgent measures to alleviate the economic and social impact of the crisis.








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