NLMK Group, an international metallurgical company, announces the appointment of Dmitry Kholkin to the new position of Vice President for Digital Transformation and Information Technologies of NLMK Group. Previously, he served as VP of Digital Transformation.
The new direction is formed by the merging of two functions: digital transformation and information technology. Former Vice President of NLMK Group for Information Systems Development Elena Demyanova moved to the Center for Corporate Solutions, where she will concentrate on building unified IT solutions for NLMK Group enterprises and the international transport group Universal Cargo Logistics Holding.
“Combining digitalization and information technologies under the management of one leader will provide a link between digital tools and the company's strategic goals and will accelerate the increase in the level of automation of the company's business processes,” commented Grigory Fedorishin, President of NLMK Group.
Information about NLMK Group
NLMK Group is a vertically integrated steel company, the largest in Russia and one of the most efficient steel producers in the world.
NLMK Group's steel products are used in a variety of industries, from construction and mechanical engineering to power equipment and offshore wind turbines.
NLMK's production assets are located in Russia, Europe and the United States. The company's steel production capacity exceeds 17 million tonnes per year.
NLMK demonstrates high cost competitiveness among global manufacturers, and the company's profitability is one of the highest in the industry. The company's revenue in 2018 amounted to $ 12 billion, EBITDA - $ 3.6 billion. The Net Debt /EBITDA ratio was 0.25x. The company has investment grade credit ratings from S&P, Moody's, Fitch and RAEX (Expert RA).
NLMK's common shares, which free-float is 16%, are traded on the Moscow Stock Exchange (ticker “NLMK "), Global depository shares - on the London Stock Exchange (ticker" NLMK: LI "). The share capital of the Company is divided into 5,993,227,240 ordinary shares with a par value of 1 Russian ruble. More information about NLMK's share capital can be found here.
You can download photos and corporate videos of NLMK Group from the media bank at the link.
