OREANDA-NEWS. Vyksa Metal Works, being a part of the structure of the United Metallurgical Company (OMK), is one of the most dynamically developing enterprises of the Nizhniy Novgorod region.

According to the press-service of OMK, the volume of investments into modernization and development of VMW in 2006 has exceeded 5,163 billion roubles.

In 2007, within the frameworks of investment strategy of OMK, at Vyksa Metal Works financing of the investment projects is planned at the rate of approximately 7,5 billion roubles.

The basic directions of investment are: the next stage of reconstruction of a complex on manufacture of medium-size diameter pipes (TESK TSD), projects of modernization of a complex on manufacture of the large-diameter pipes (TESK TBD) and wheel-rilling complex.