Ermaganbet Bulekpayev introduced in Temirtau a new investor of Qazaqstan Steel Group

In Temirtau, at a meeting with the company's workforce, Akim of the Karaganda region Ermaganbet Bulekpayev introduced the shareholder of Qazaqstan Steel Group Andrey Lavrentiev.

A businessman well-known in Kazakhstan and the Karaganda region acquired the assets of ArcelorMittal Temirtau.

– Of course, the new owner faces important tasks, first of all, to ensure and create working safety conditions, improve the well–being of employees, and also to actively participate and help develop the local community through social projects, - said Ermaganbet Bulekpayev.

At the meeting, Andrey Lavrentiev introduced Vadim Basin as CEO of QARMET.

Earlier, the Minister of Industry and Construction of the Republic of Kazakhstan Kanat Sharlapayev announced that the company was bought by Andrey Lavrentiev.

In addition to acquiring assets, the Kazakh businessman undertakes to invest another 3 billion US dollars in modernizing production and protecting the ecology of the region, of which $1.3 billion will be invested next year.