NLMK Group, an international metallurgical company, announces the appointment of Tatyana Averchenkova as Managing Director of Novolipetsk Metallurgical Plant. Previously, Tatyana held the position of Vice President for Operational Efficiency of NLMK Group.

Vyacheslav Vorotnikov, who has worked as Managing Director of the plant since 2019, will continue to work in the company as an advisor to the CEO of NLMK Group.

“ The leadership of Vyacheslav Vorotnikov fell on a difficult period of a pandemic and a turbulent market. Nonetheless, NLMK has successfully implemented an ambitious operational efficiency improvement program and completed a number of major investment projects. I want to thank Vyacheslav for his high professionalism and teamwork. Tatyana Averchenkova over 20 years of work in the Group has formed a unique set of professional and managerial competencies. I wish Tatiana success and I am sure that in her new position she will strengthen the leadership of our company, "commented NLMK Group President Grigory Fedorishin.

Biography of Tatiana Averchenkova

Tatiana has been with NLMK Group since 2001. She held the position of Director of Controlling and senior positions in the Directorate of Strategy. Since 2016, Tatiana has held the position of Vice President for Operational Efficiency. Under her leadership, the NLMK Production System was created, which has become one of the main tools for implementing the NLMK Group's strategy. Tatiana is a member of the Management Board of NLMK Group.

Tatiana Averchenkova graduated from Lipetsk State Technical University with a degree in Economics and Management.

Information about NLMK Group

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

NLMK Group 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, and the company's profitability is one of the highest in the industry. The company has investment grade credit ratings from S&P, Moody's, Fitch and Expert RA.

NLMK's common shares, which have free-float of 20.7%, 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.

For more information about NLMK Group, visit the website.

You can download photos and corporate videos of NLMK Group from the media bank at the link.

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