ThyssenKrupp to open service center in Russia

ThyssenKrupp to open service center in Russia

According to recent news in the market, German ThyssenKrupp opens service centers in Russia. Service centers, which are planned to be joint ventures to be built in Moscow and St Petersburg, will start operating on June 1, 2004. The service centers will offer rolled steel, steel tube and pipe, stainless steel, non-ferrous metals and plastics. ThyssenKrupp will hold 80% stake in service centers and the rest 20% will be held by its Russian partner Yukon.