Major steel company opens UAE branch

22/10/2009 - Dubai Investment News
Major steel company opens UAE branch

Posted by Bob Brunskill

A new company branch is being launched in the UAE, which could be of interest to those with commercial property in Dubai.

Steel trader Metinvest International has revealed it is to open an additional centre in Dubai's Jebel Ali Free Zone.

The newly opened base will deal with business for the United Arab Emirates, Kuwait, Oman, Saudi Arabia and Bahrain, with Viktor Vukusic as its manager.

Andrey Parkhomchuk, chief executive officer of the company, said: "For many years Metinvest has established an excellent and very successful partnership with the region's companies and we are very confident that our new offices will permit us to enhance and foster this partnership."

He added that the Gulf has been a key market for steel historically.

Metinvest International is part of the wider Metinvest Group. The company aims to become not only a world-class provider, but one that is efficient. It currently produces over 10.8 million tonnes of crude steel each year and its Ukraine business employs over 150,000 people.

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