Severstal Aircompany

Cherepovets is a city in the west of Vologda Oblast, Russia, located on the banks of the Sheksna River, a tributary of the Volga River, and on the shores of the Rybinsk Reservoir. Population: 312,311 ; 311,869 ; 310,463 . This is the largest city in Vologda Oblast in terms of population.... Cherepovets is served by the Cherepovets Airport. Among the local historians there have been a lot of debates upon the origin of the word "Cherepovets". According to one version, the city supposedly received its name from the word "skull" . In antiquity there was a pagan sanctuary in honor of the god Veles on the hill at the confluence of the Sheksna and the Yagorba. The top of the hill was called "skull". Another version suggests that the word "Cherepovets" originates from the name of the tribe "ves" , who inhabited the Sheksna banks. According to some legends, "Cherepovets," in the language of local indigenous Veps, means "Veps' fish hill". The foundation of Cherepovets is traditionally ascribed to the monks Feodosy and Afanasy.
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OAO Severstal Russian: Северсталь, "Northern Steel" is a Russian company mainly operating in the steel and mining industry, centred in the northern city of Cherepovets. Severstal is listed on the RTS and LSE. As of 2009, it is the largest steel company in Russia according to The Metal Bulletin. The majority of the company's stock belongs to Alexey Mordashov. Severstal owns major... industrial facilities in Russia, Ukraine, Kazakhstan, France, Italy, and the United States, as well as in several African countries. The company also has mining assets in Russia and the USA, thus securing its supply of raw materials. Severstal also owns Severstal Cherepovets, a Russia Super League ice hockey club. During the early 1930s, deposits of iron ore were discovered on the Kola Peninsula and, at about the same time large quantities of coal were discovered in the area of Pechora. These two factors made it possible to establish a viable steel industry in the northwest of Russia.
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