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03 Jun
13:12

MMK increases efficiency with digital projects

Russian steelmaker MMK expects to receive RUB 6.3 billion ($86 million) of net present value and add 4.3% to Ebitda due to the implementation of its digitalisation strategy through 2025, says general director Pavel Shilyaev. “Currently, the corporate portfolio with implementation horizon of about five years contains about 200 digital initiatives with a total budget of RUB 5 billion,” he notes. “The average payback period for these initiatives is …
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