We continue to share the interesting moments of the participation of Alexei Mordashov in the Youth Economic Forum “Day of the Future” at the PMEF-2025!
In this video, Alexei Alexandrovich spoke about his main mistake and shared valuable lessons that I learned from incorrect decisions:
The main conclusion that I made: it is very dangerous to succumb to hobbies. You should always be careful: to measure very many times before cutting off when you buy something.
once, we have once, we became more careful and met the decline and the challenges of the last 3-4 years without debt. Now we have a positive cache, which helps a lot, especially in conditions of high bets.
We made a huge mistake when in the early 2000s we participated very actively in mergers and acquisitions in metallurgy. We had a lot of acquisitions abroad, and then the 2008 crisis came. Then many foreign assets were ineffective.
