our company, global steel company, announces the appointment of Vice-President on investment projects Dmitry Sotnikov.
Konstantin Lagutin, who previously held this position, has decided to leave the post. Until the end of 2019, he will continue to work in the company as Advisor to the President of the Group.
"I am grateful to Konstantin Lagutin for his significant contribution to the development of the investment management process of the Group. Under his leadership, were introduced and developed a project management system, implemented a number of projects of strategic importance for the company, including the construction of a pelletizing plant fabrici Stoilensky. Dmitry Sotnikov and his service will have to implement large number of investment projects planned worldwide as part of a Strategy 2022. Confident, versatile Dmitry's experience and team of professionals, NLMK will allow us to successfully achieve our goals," - said President of NLMK Group Grigory Fedorishin
Biography.
Biography of Dmitry Sotnikov
prior To joining NLMK Group Dmitry Sotnikov was managed by a development company that has implemented such large projects as the construction of a business Park in Moscow, residential complex in Ekaterinburg business-center in Perm. Until 2011 Dmitry for almost 10 years worked in various positions in investment and operating management company of Evraz. He created the system of project management in Eurasia, was directly involved in the implementation of major projects of the company with steel-making and mining industry. Last post by Dmitry in Evraz Vice President, head of division "Ural". Dmitry graduated from the economic faculty of Moscow state University, l'université Paris IX Dauphine (Paris) and Russian Economic School. Master of management, candidate of economic Sciences.
about the company
NLMK Group is a vertically integrated steel company and Russia's largest and one of the world's most efficient producers of steel products.
NLMK's metal Products are used in various industries, from construction and engineering to power-generating equipment and offshore wind turbines.
the Production assets of NLMK are located in Russia, Europe and the USA. The production capacity of steel companies over 17 million tonnes a year.
NLMK has high competitiveness in cost among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue for the year 2018 amounted to $ 12 billion, EBITDA –
3.6 billion dollars. The ratio of Net Debt/EBITDA of 0.25 H. the Company has a credit rating of investment grade from S&P, Moody's, Fitch and RAEX (Expert RA).
Ordinary shares of JSC "NLMK", free float which is 18.6%, are traded on the Moscow Stock Exchange (Ticker "NLMK"), global Depositary shares on the London stock exchange (Ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of 1 Russian ruble. Read more about equity NLMK can be found at the link.
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