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Severstal

June 1, 2004

JSC "Severstal" has been entered for the first time into the list of the largest European companies, according to FT-500 rating, besides, the company also essentially improved its positions in the rating of 100 largest companies of Eastern Europe

The list of the largest companies is made and published annually by the world famous British newspaper Financial Times and it shows the changes of the previous year in the corporate sector. The rating is published on the basis of the market value of the companies by the results of 2003. In the authors' opinion, the market capitalization (i.e. the value of one share times the number of shares) is one of the most effective ways to compare the companies.

In the rating of 100 largest companies of Eastern Europe, JSC "Severstal" is the only ferrous metallurgy enterprise that has been included in the list of 20 largest companies of Eastern Europe, improving its position by 10 lines as compared to the previous year's rating.

 

 

 

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