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NLMK Group's Corporate University became a member of the EFMD international community

Press Releases

The corporate university of NLMK Group, an international metallurgical company, has become a member of the leading international association EFMD (The European Foundation for Management Development).

This non-profit organization brings together leading business schools and companies that interested in the development of control systems. EFMD is involved in the accreditation of business schools, corporate universities, curricula, and also develops business education. The association includes almost 900 organizations from 88 countries of the world.

“Joining EFMD is an important step for the exchange of experience and development in accordance with world standards. EFMD is a community of professionals: program developers, educators, the world's best business school experts, business trainers, and corporate training experts. Joining the association will contribute to the development of NLMK's Corporate University, ”commented Valentina Satarova, Head of NLMK's Corporate University.

Information about NLMK Group's Corporate University

NLMK Group Corporate University is a training and professional development center for employees of the company's enterprises. Training is conducted according to the principle "leaders teach leaders" - managers transfer knowledge to the next management levels.

In addition to developing basic programs for training managers, the NLMK Corporate University team is engaged in providing employees with scientific and technical documentation, replenishing the library of professional literature, providing assistance in holding conferences, strategic sessions and trainings, develops e-courses and organizes distance learning for employees.

Information about NLMK Group

NLMK Group - vertical is an integrated metallurgical company, the largest in Russia and one of the most efficient producers of steel products in the world.

NLMK Group's metal products are used in various 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, 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 19%, 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.

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