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March 21
The Year 2008 -Time for Investment Decisions

Daniel Valk, Chairman of the Board at OJSC "A.N.Kuzmin Electrometallurgical Company "Dneprospetsstal" delivered a speech at the Ukrainian Investment Summit held on 10-12 March in London.

In 2008, the Company will invest 170 million hryvnias in production development. Management has, as its first priority, the upgrading of thermal facilities, out-of-furnace treatment processes and equipment ensuring the finish surface quality standards for steel products. The Company's strategic goal is to develop new sales markets. Special emphasis will be paid to personnel training programs and creating a pool of skilled personnel.

The Ukrainian Investment Summit is an annual conference organized by the Adam Smith Institute and held for the fourth year in a row. The summit was recognized as the biggest worldwide conference focusing on investments in Ukraine. This year the total number of participants from twenty-six countries

exceeded 600.

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