Siemens VAI to Modernize Ukrainian Steel Plant

Politics ♦ Published: June 10, 2013; 14:43 ♦ (Vindobona)

The signing of a major contract in Ukraine for Upper-Austrian industrial plant construction company Siemens VAI is in its final steps.

Siemens VAI to Modernize Ukrainian Steel Plant / Picture: © Siemens Austria VAI

In Donezk one of the biggest steel production plants is supposed to be modernized. The contract value comes at € 100m, according to head of Siemens Ukraine Cornelius Granig in an interview with WirtschaftsBlatt.

The coal and steel region Donbass nearby Donezk is the heart of the Ukrainian heavy industry. The need in modernization is constantlyy increasing, according to Granig.…