OREANDA-NEWS. June 25, 2007. A ceremony to mark the launch of a first section of  Rostov Electrometallurgical Plant Ltd is slated for July 12 in the city of Shakhty (Rostov region, Russian Federation); the ceremony is expected to be rounded off with a concert of Elton John and the A-Studio group, with all the guests invited, in Rostov-on-Don. This information is provided by the press-service of the ESTAR company, reported the press-centre of ESTAR.

The opening ceremony is scheduled for 14.00.

“The festivities mark the upcoming 70th anniversary of Rostov region and the Day of Metallurgist.”

It was reported that in 2005, in Rostov region, the ESTAR company began construction of an electrometallurgical plant, which is to become the mainstay of the company’s facilities producing long products.

According to the company’s general director Andrey Saltanov, the new plant is to process metal scrap, which will be supplied to another plant, managed by CJSC Lomprom.

Mr.Saltanov said that the new plant is to have a most up-to-date equipment with a capacity of up to 750,000 metric tons per annum. And the plant is to employ fewer than 700 workers at that.

Presently the ESTAR company manages eight metallurgical companies, including the Novosibirsk Metallurgical Plant named after Kuzmin and the Zlatoust Metallurgical Plant.

In 2006 the group’s companies produced 992,600,000 metric tons of metal products, by 20% more than in 2005.