In the current year, Russian mining and steel group Evraz plans to increase its investments by 48.73 percent year on year to $1.23 billion. Half of the funds will be spent on the realization of investment projects, while around $450 million will be spent on the maintenance of existing facilities.
In 2010, Evraz Group's profit reached $532 million, compared to a loss of $292 million in 2009.