Along with oil and gas production, metallurgy is one of the Russian economy’s key industries. Russia is the global leader in nickel production and ranks second in aluminium production and export (after the US) and fourth in steel production (after China, Japan and the US).
An increased number of M&A deals abroad have lead Russian companies to actively search for access to global markets. Expanding domestic demand for metals products - from machine building to the construction sector - has stimulated the industry’s dynamic growth. In 2007, the metals industry accounted for 17.3% of Russia's total industrial production, 14.2% of exports and around 12% of total foreign investment.
How PricewaterhouseCoopers can help you
PricewaterhouseCoopers (PwC) network member-firms, operating in Russia, provide assurance, tax, legal and advisory services to many of Russia’s and the world's largest metals companies. Our strength in serving the local metals industry comes from our skills and local experience, industry thought leadership, and access to our global network of fully dedicated industry professionals.
PwC’s metals industry practice operates in more than 30 countries all over the world. Globally, PwC works with more than 60% of the metals and mining companies listed in Standard & Poor’s 1200 Index.
