Gestamp and Gonvarri, in Joint Ventures with Severstal, create stamping and steel center facilities

The Severstal-Gonvarri-Kaluga Steel Services Center is designed to meet the demands of the automobile and electrical industries, and also electronics and the building industry producers. The new facility will produce 170 thousand tons of rolled metal products per annum. A total of 40 million euros was invested in this joint venture (JV).     

The Gestamp-Severstal-Kaluga Stamping Facility will produce body components for the Volkswagen plant located in the same industrial zone.  The facility is equipped with a number of press lines. The Gestamp-Severstal will, therefore, create the entire chain of processing rolled metal products, from coil to car components. A total of approximately 89 million euros was invested in this JV, of which 39.5 million euros were spent on purchasing equipment. The annual output will reach 13 million stamped parts, and the main consumers will be Volkswagen, PSA, and Renault-Avtoframos. The new production facility will create 200 jobs in the region.

Severstal has already begun trial deliveries of metal produced at the Cherepovets Metal Complex to the steel center and stamping facility per Volkswagen specifications.   

“Our program for cooperation with auto producers continues to develop rapidly. The new stamping facility and steel center represent a logical continuation of the program aimed at meeting our clients’ requirements,” said Anatoly Kruchinin, head Severstal’s Russian Steel Division. “It should be noted that our stamping facility offers additional possibilities for production expansion, enabling us to promptly increase capacity if needed."