By 1999, together with his partners, he became one of the controlling shareholders of the company. Moreover, Sedykh served as Director General and Chairman of VSW, and under his leadership, the company successfully managed to escape from a huge crisis in a short period of time. Eventually, Sedykh established the United Metallurgical Company, which last year struck a deal with the state monopoly Russian Railways to extend their wheel contract for a record of 12 more years. In addition, the company has signed two more huge deals: it will be supplying a gas pipeline to Germany and an oil pipeline to China.
