Motovilikha Civil Engineering Co restarts steel exports to Germany

MOSCOW, May 12 (PRIME) -- Motovilikha Civil Engineering Company, part of industrial holding Rostec, has signed an agreement to export steel for agricultural vehicles to Germany for the first time in five years, a spokesperson for Rostec told PRIME on Wednesday.

The company signed four contracts with metal distributors to sell metal forgework made of five steel brands. Under the deals, Motovilikha Civil Engineering Company will sell more than 700,000 tonnes of steel in 2021.

The financial terms of the deal were not disclosed.

End