Trisha Shetty (Editor)

Moldova Steel Works

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Industry
  
Steel

Revenue
  
US$ 500 million (2006)

Headquarters
  
Rîbnița, Moldova

Number of employees
  
4,000

Products
  
Steel Steel products

Website
  
Official site

Founded
  
1985

Type
  
Joint-stock company


Moldova Steel Works (in Russian: Молдавский металлургический завод; abbreviated as MMZ) is a steel producing company in Transnistria. It accounts more than half of Transnistrian industrial output. The company was privatized in 1998, when 75% of shares was sold to Russian energy company Itera, and 28.8% of shares was given to the employees of the company. In 2004 Itera and Transnistrian authorities sold their shares to the Russian company Metalloinvest.

The annual production of the company is around 1,000,000 tonnes of crude steel and 1,000,000 tonnes of rolled products.

References

Moldova Steel Works Wikipedia