Evraz

Published : December 26th, 2013

products to Europe

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Keywords :   Germany | London | Market |

EVRAZ is expanding its’ supply of rail products to Europe

VUZ, the European certificating authority for rail transport, has issued EVRAZ with a Compliance Certificate (TSI) for all rolled railway wheels with a diameter of 920 mm of design type BA 318. Being awarded this certificate, in conjunction with a compliance certificate showing that the EVRAZ NTMK quality management system meets TSE requirements, has enabled the Company to start supplying these wheels to the European market.

TSI certificate allowed a new level of cooperation with the Deutsche Bahn. In 2012 EVRAZ NTMK was the first Russian enterprise to be awarded a preliminary certificate by Deutsche Bahn. TSI certificate made possible the first shipment of wheels for field testing. The first export batch of Railway Wheels BA 318 is scheduled to ship to Germany in the 1st quarter of 2014.

The Company simultaneously continues the process of applying for the certification of other types of cargo rolling stock wheels for the European market, and is working on expanding its� product line for the North American market. EVRAZ NTMK is currently producing more than 20 types of railway wheels, including designs for cargo and passenger rail cars, for metro trains, for use in special rolling stock, and on locomotives.

�Expanding our product portfolio as required by foreign consumers is a strategic target for EVRAZ, and this order of Railway Wheels BA 318 for Deutsche Bahn is an important step forward in achieving this� stated Ilya Shirokobrod, EVRAZ Vice President, Head of the Railway Products Division. “It shows that the Company is capable not only of meeting the requirements of our internal market, but those of our foreign partners as well. Growing export sales of these high-margin products will enable EVRAZ to strengthen its position on the international market, and we expect better financial indicators as a result.”

###

For further information:

Media Relations:
Vsevolod Sementsov
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

Investor Relations:
Sergey Belyakov
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com
.
Data and Statistics for these countries : Germany | All
Gold and Silver Prices for these countries : Germany | All

Evraz

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CODE : EVGPY
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Evraz is a tungsten producing company based in Luxembourg.

Its main exploration property is PINE CREEK MINE in USA.

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Financials of Evraz
8/29/2013ANNOUNCES UNAUDITED INTERIM FINANCIAL RESULTS FOR H1 2013
Project news of Evraz
12/20/2013has launched its rolling mill in Kostanay
10/15/2013enters agreement to sell Gramoteinskaya thermal coal mine
10/14/2013Suspends Operations at Claymont Mill
4/18/2013Q1 2013 Production Report and Interim Management Statement
Corporate news of Evraz
12/27/2013optimises Evrazruda’s assets
12/26/2013products to Europe
11/20/2013signs Memorandum of Understanding to sell ore business in Kh...
9/19/2013signs an agreement to sell the iron ore mining asset VGOK
9/16/2013announces disposal of a heat and power generating station in...
7/30/2013Suspends Operations at EVRAZ Palini e Bertoli in Italy
7/9/2013Statement re. press speculation concerning EVRAZ Highveld St...
6/13/2013Results of the Annual General Meeting
4/24/2013Prepays US$950 Million Structured Credit Facility Due 2015
1/18/2013News
10/4/2012News
5/17/2012News
4/20/2012News
9/6/2011News
4/28/2011News
4/21/2011News
4/15/2011News
4/14/2011News
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