EE Impact

Marcegaglia

Italy · Metals & Mining

LeaveRussia detail: Scaling Back

Scaling back

Marcegaglia is an Italian corporation founded in 1959 by Steno Marcegaglia, operating in the European and worldwide steel market.

Status last verified 03/08/2026Source checked 10/06/2025Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 21/04/2023 · Reference ↗

Italy's Marcegaglia buys Russian steelmaker Severstal's Latvia unit. Aslo have a production plant at Vladimir, Russia ("Marcegaglia Ru LLC"). Revenue decreased in 2024 vs 2023 by more than -20%.

Local stats (LeaveRussia)

Assets(RF), mln.USD
37
Capital(RF), mln.USD
18
Revenue(RF), mln.USD
50
Staff(RF), 2021
100
Taxes(RF), mln.USD
4

Status history since 2022

  1. 03/08/2026 scaling back · Imported from KSE LeaveRussia

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