Sergey Fedorov has taken the position of the general director of the joint-stock company" Beloretsk Metallurgical Plant ". In this position, he replaced Viktor Kamelin, who headed the enterprise for almost 10 years.
Oleg Korzhov, General Director of Mechel PAO, noted: “I am confident that Sergey Fedorov will be able to successfully continue his work and cope with the challenges facing the enterprise. He has extensive practical experience in the field of metallurgical production and has established himself as a highly qualified specialist and an effective manager with many years of experience.
We are deeply grateful to Viktor Gennadievich Kamelin for his great contribution to the work and development of the main hardware enterprise of the Group. Under his leadership, BMK preserved and increased its scientific and technical potential, expanded the range of products, increased production volumes, and established itself among the leaders of the country's hardware industry. The company has implemented a number of important investment projects, launched a large-scale modernization of steel wire and rope production. "
Biographical information
Sergey Vladimirovich Fedorov
Work experience: In 2013-2019 - General Director of CJSC Mechel Nemunas (Lithuania). In 2010-2013 - General Director of Mechel Campia Turziy (Romania). In 2009-2010 - Managing Director of CJSC Vyartsilskiy Hardware Plant. In the period from 1984 to 2009, he held various positions at the Vyartsilya hardware plant, progressing from a master of the main production to a director for production and economic activities.
Education: Sergei Fedorov graduated from the Magnitogorsk Mining and Metallurgical Institute with a degree in Processing metals by pressure. "
***
Mechel PAO Ekaterina Videman Tel .: +7-495-221-88-88ekaterina.videman@mechel.com
***
Mechel is a global mining and metals company. The company's products are supplied to Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore, steel, rolled products, ferroalloys, heat and electricity. All businesses operate in a single production chain: from raw materials to high value-added products.
***
Certain statements in this press release may contain assumptions or forecasts regarding future events or the future financial performance of Mechel PAO in accordance with the provisions of the 1995 US Securities Litigation Reform Act. We would like to warn you that these statements are only assumptions and the actual course of events or results may differ materially from those stated. We do not intend to revise or update these statements. We refer you to the documents that Mechel periodically submits to the US Securities and Exchange Commission, including the Annual Report on Form 20-F. These documents contain and describe important factors, including those identified in the "Risk Factors" section and "Note on the forecasts contained in this document" in Form 20-F. These factors could cause material differences between actual results and our assumptions and forecasts regarding upcoming events, including but not limited to achieving the anticipated level of profitability, growth, cost and effectiveness of our recent acquisitions, the impact of competitive pricing, the ability to obtain the necessary regulatory approvals and confirmations. the state of the Russian economy, the political and legal environment, the volatility of stock markets or the value of our shares or ADRs, financial risk management and the impact of the general business situation and global economic conditions.
05/24/2019
