Entrepreneur Anatoly Sedykh: biography, family. CJSC United Metallurgical Company

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

A large businessman Sedykh Anatoly Mikhailovich is quite young, but already very rich. The public is always interested in how such large fortunes are made. Since money loves silence, there is usually little information about the life of big businessmen in the public domain. We will talk about how the biography of Anatoly Sedykh developed, how he reached his heights and what he does today.

Origin

The future entrepreneur was born in a harsh region, in the city of Zapolyarny (Murmansk region), on November 28, 1964. Anatoly does not cover his childhood and parents. His early years fall at the height of the Soviet era, when no one thought about his own business. Therefore, the boy's childhood was quite typical for that era. The city of Zapolyarny (Murmansk region) is quite young, it was formed in 1955. Geologists and builders of the mining and processing plant came here. The settlement appeared due to the beginning of the development of a copper-nickel deposit. Zapolyarny is located 100 km northwest of Murmansk. A small young city lives by developing the bowels of the Earth. City-forming are two large enterprises: the Mining and Metallurgical Company and the Mining and Metallurgical Combine. The place of birth to a certain extent predetermined the fate of Anatoly Sedykh.

Education

After school, Anatoly Sedykh enters the Moscow Institute of Steel and Alloys. This leading research institution in the country trains specialists in the field of materials science and metallurgy. Sedykh studied at the Faculty of Economics and Management of an Industrial Enterprise and received a diploma in 1987 as an engineer-economist. In 1998, he defended his Ph. D. thesis on the management team in holding management at the State University of Management.

The start of the journey

After graduating from the university, Anatoly Sedykh is assigned to the Central Research Institute of Ferrous Metallurgy. Bardin, where he works in his speci alty. The research institute specialized in fundamental and applied research in the field of creating new materials and metallurgy. Anatoly began to study science, although the times were not very suitable for this. In the late 1980s and early 1990s, Soviet science was in a deep financial crisis. In 1989, Sedykh left the research institute and went to work at the Korund joint research and production enterprise, where he held the positiondepartment head. This closed-type enterprise was engaged in secret developments. But Anatoly was attracted to independence, and he quickly leaves this institution.

Becoming a businessman

In 1989, Anatoly Mikhailovich Sedykh, together with a group of like-minded partners, decided to open his own business. They are building a workshop in the Moscow region for processing scrap metal and producing a special intermediate alloy used in the manufacture of stainless steel, ferrotitanium. The company was called Vtormetinvest, and to organize production, Sedykh and the company took a loan of $1.5 million from Sberbank. Obviously, such loans are not given to everyone in a row, and at that time Sedykh had already formed a serious support group that helped him more than once in business.

In 1990, a businessman and his comrades created a trading company "Technoinvest", which was engaged in the supply of metal. In 1992, he registered Metallurgical Financial and Investment Company LLP, which was also engaged in metal trading. In 1993, Sedykh became the main initiator of the creation of Metallinvestbank, this project received the support of the Metallurgy Committee of the Russian Federation. The most serious Russian metallurgical complexes acted as the founders of the bank: Severstal, Novolipetsk Iron and Steel Works, enterprises of Chelyabinsk, Tula. In the first 6 years of the bank's existence, Sedykh was its chairman of the board. The bank is growing rapidly. Anatoly Mikhailovich and partners are buying up shares of variousRussian metallurgical enterprises, including the Vyksa Metallurgical Plant, which specializes in the production of pipes. Sedykh also creates the company A-Technoinvest.

Metallurgical Tycoon

In 1997, Anatoly Mikhailovich, through his bank, bought the oldest iron and steel enterprise in the Urals, the Chusovoy Metallurgical Plant. With the help of large investments, Sedykh managed to make the enterprise one of the leaders in Russia in the production of ferrovanadium and the production of complex rolled products and auto springs.

In 1999, Sedykh became the general director of the Vyksa Metallurgical Plant, and in a fairly short time he was able to bring it out of a deep financial crisis, set up production, and improved working conditions for employees.

Life's work: United Metallurgical Company

But that was only the beginning of the journey. In 1999, on the basis of VMZ, a closed joint-stock company "United Metallurgical Company" was created. But such a large-scale project needed a strong leader. Anatoly Sedykh, director of the Vyksa plant, became the head of the new huge structure. Within a few years, OMK has become the largest manufacturer of various products for the transport and energy industries in Russia. Thanks to gigantic investments, 7 large metallurgical industries gradually gathered under the OMK brand, including VSW, the Trubodetal Chelyabinsk plant, a pipe plant in Almetyevsk, a casting and rolling complex in Nizhny Novgorod, an armature plant inBashkir Blagoveshchensk, the Chusovoy Metallurgical Plant and OMK's own pipe plant in Houston. In terms of the production of many types of metal products, OMK ranks first in Russia. In 2013, Sedykh and his partners bought back the shares from all owners included in the association of enterprises. The factories are now private, non-public companies. Anatoly Mikhailovich continues to develop OMK. So, on his initiative, the company spent huge amounts of money on a project to produce thick-walled pipes that are used in gas pipelines. This allowed OMK to become the main supplier of the Nord Stream international project. In 2008, Sedykh built a huge plant for the production of large diameter pipes in Europe. OMK develops and grows, although not all of the company's projects are successful, and Sedykh periodically has difficulties with the operation of individual plants. So, it was not possible to modernize the Chusovoy plant, although more than 4 billion rubles were invested in it.

Business Interests

The United Metallurgical Company, owned by A. Sedykh, is not his only brainchild, although the main one. The entrepreneur retains his stake in the banking business, he is a member of the Boards of Directors of several large industrial enterprises in Russia. In 2016, a hacker attack occurred at Metallinvestbank, as a result of which the bank lost more than 600 million rubles. The investigation into this case has not yet been completed. Today, the interests of Sedykh are shifting to the sphere of rolling and foundry production, he has established a large-scale production of wheels forrailway transport. In his business, Sedykh consistently follows the path of business concentration and modernization, even if sometimes there are big obstacles along the way.

Condition

For several years, Anatoly has been included in the list of 200 richest businessmen in Russia according to Forbes magazine. The fortune of the person who owns the United Metallurgical Company is estimated today at about $400 million, and he is on the 194th line of the rating. However, this is not the best result of an entrepreneur. In 2012, he was at number 44 with a net worth of $2,000 million.

Private life

Stability and reliability are the main principles that Anatoly Sedykh adheres to. The businessman's family only confirms his views. Anatoly has long been married to Irina, who, together with him, is engaged in a charitable foundation. The couple has two twin sons, who were born in 2000. Businessman in his free time enjoys football, traveling.

Charity

The Sedykh family in 2008 initiated the creation of the OMK-Uchastie charitable foundation. Anatoly Sedykh considers the main task of the foundation to be the implementation of programs to help strengthen the institution of the family and protect children. The Foundation is engaged in concrete assistance to families with many children, parents of disabled children, orphans. First of all, he helps families from the city of Vyksa, where the head office of OMK is located. In 2011, Irina Sedykh became the initiator of the city festival "Art-ravine". In the work of the fundmany partners and friends of the Gray family are personally involved.

Interesting facts

In 2005, Anatoly Sedykh became a sponsor of the filming of Alexander Mitta's 19-episode film Swan Paradise. The businessman's family owns the Hermitage yacht, estimated at $150 million.