print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Severstal press releases

Severstal

August 20, 2003

As part of the Severstal's sales policy directed towards end users, we have plans to double sales volumes through on-line tendering

Background:  During the first eight months of 2003, sales through on-line auctions totalled 60,000 tonnes.

As part of Severstal's business process optimisation project, the company has developed software that allows it to hold on-line metal auctions over the internet.  According to Dmitry Goroshkov, Severstal's sales director, 'the ability to hold on-line auctions through the company's website (www.severstal.ru) allows customers to learn about and take advantage of new operating methods.  In addition to giving a new service to our customers, we will increase sales volumes, expand our customer base and increase the transparency of our company.  Further we expect to save up to one million roubles per month in reduced administrative costs by using the internet.'



20 August 2003

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer