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Annual report 2007 - Magnitogorsk Iron & Steel Works ...

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8<br />

Valentin Antoniuk, OJSC MMK’s Director for<br />

Construction, Member of the OJSC MMK<br />

Management Board:<br />

“Over the last five years MMK has been gradually building up the<br />

volume of capital expenditures, contributing to the creation of a<br />

powerful construction sector in the Region. It is no exaggeration<br />

to say that the investment projects we are carrying out today<br />

represent MMK’s future. In 2008-2013 we are facing the task<br />

of implementing a very high level of investments. I am sure that<br />

the builders of Magnitka, who possess a wealth of experience in<br />

completing complicated engineering projects, will be able to meet<br />

the challenge.”

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