experiencing more and more inflows soon the coming few weeks and russia's fourth largest steelmaker m.k. has launched a new metal processing joint venture in turkey our correspondent regular quarter of a spoke to the chairman and president of m.k. they to rustic of about the rationale behind the company's latest. the rebel against his or her body have been our company has been operating here for the past ten years there's a great demand for hot rolled metal we used to supply not less than a million tons of it while a deficit between the supply and demand in two thousand and six two thousand and seven amounted to four five million i've reached an agreement with a port that will allow us to export our product to europe and the middle east if we are unable to sell our old metals here basically we wanted to exported to turkey but the crisis has changed our plans we may exported to the balkans italy tunisia the arab countries in the persian gulf were huge construction projects are underway and what is included polymers are needed in syria and iran are also very close so. i'm ok also and i and fel

russia's fourth largest steelmaker m.k. has launched a new metal processing plant in a joint venture with turkish company at a cost is worth two hundred fifty million dollars our correspondent martin the coach and i was in the south of turkey for the grand opening. rass not the dynamic a current interest that am expanding abroad especially into the market so maybe the least this want to get and this stuff and part of it is just another example of i'm facing time to increase our force as well as all of us is well this is the first joint venture between russia and the model companies and the total cost of this was if not to make it to be over one point seven billion dollars if this month will be the only company cheat by this year will the find this two production platforms what is the standard home in the south and part of. the step and want the area of istanbul to supply the whole facility with the law materials companies and busted and so building a seed for the rod and me of the production side and as we were told this before

russia's fourth largest still maker m.k. has launched a new metal processing plant in a venture with turkish company at a cost facility is worth two hundred fifteen million dollars our correspondent in the question of was in the south of turkey got the ground up. russ's not the dynamic a current interest that am expanding abroad especially into the market so maybe the east and this want to end this stuff and part of it is just another example of i'm paisa time to increase our force as well as all of us say as well this is the first joint venture between russia and the model companies and the total cost of this process is not to make it to be over one point seven billion dollars on it this month will be only the seeds by this year will the find this stuff to production platforms what is here and down the room in the south and part of. the stop and want is that the area it's simple to supply the whole facility with the law materials both companies and bought it and so building a seat for the ride and you have the production side a

has agreed to sell assets of them as whale and vietnam to its russian joint venture to m.k. b.p. for one point eight billion dollars the drill includes b.p. stakes in three joint ventures infinites whaler and two gas fields in vietnam the sale a spot of b.p.'s plan to raise up to thirty billion dollars by the end of twenty eleven to help the company meet its financial obligations after the gulf of mexico oil spill that positions will be financed from tim k b p's own resources and won't require additional debt this is all part of a global expansion plan in cambridge p. . has adopted for itself in a temp to diversify itself out of russia and become become a truly global company. so as a starting point i think the first step towards that goal this road to the modest size of our modestly sized acquisition might be just the right thing. car production and russia has almost doubled in the fast three quarters of the year more than eight hundred thousand feet calls rolled up this something line with the period russia's economic ministry said it expected production to nearly double by twe