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In “Severstal” said the risk of failure of projects because of the ban to attract migrants

The ban on attracting migrants to work on construction sites may lead to the disruption of the investment program of Severstal. The construction of a number of structures will be threatened. This was reported on the company’s website.

In “Severstal” said the risk of failure of projects because of the ban to attract migrants
28.02.2025
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📝 Summary

The ban on attracting migrants to work on construction sites may lead to the disruption of the investment program of Severstal. The construction of a number of structures will be threatened. This was reported on the company’s website.

About serious risks on the implementation of projects in Severstal said after the decision of the Governor of the Vologda region Georgy Filimonov to limit the opportunity for migrants to work on construction sites. The company’s investments totaling more than 120 billion rubles may be at risk. Of particular concern is the impact of this decision on the possibility of further construction of a unique complex for the production of iron ore pellets, one of the key projects affecting the implementation of the federal Clean Air project, the company said in a statement. Also, Severstal said that in Russia there is an acute shortage of personnel in the construction industry. The government of the Vologda region has banned from February 27 to involve migrants in the construction and demolition of buildings, installation of industrial equipment and other work.

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