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Magnezit Group and VAMTEC Signed Cooperation Agreement

The agreement stipulates cooperation of the parties in the field of distribution and promotion of products and services of Magnezit Group on the Brazilian market.The signed agreement also includes a program for cooperation of the companies in the field of development of novel products for metallurgical industry. The parties actively discuss possibilities for partnership in other projects in Russia and Brazil with application of resources and technologies of the both companies. “At the moment Magnezit Group implements the strategy of qualitative growth aimed at strengthening of positions of the company on the world market“, pointed out Sergei Odegov General Director of Magnezit Group. “During recent several years we carried out a number of considerable changes in the company including construction of the unique Complex for production of magnesia clinker in Satka, Chelyabinsk region, purchasing of a new deposit in Krasnoyarsk Territory, which is one of the biggest and one of the most high quality in the world. Cooperation with the company Vamtec S.A., which possesses considerable experience of work with metallurgical and cement plants in Brazil, will let Magnezit Group find new possibilities for growth and continue efficient development of business on the South American market“.

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