print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

April 23, 2019

Independent directors gain majority on NLMK Board committees

The newly elected Board of Directors of NLMK Group held its first meeting. Vladimir Lisin  was re-elected as Chairman of the Board.

The Board of Directors also approved the schedule of the Board meetings and formed Board Committees. Independent directors comprise the majority on two of the Board Committees.

Strategic Planning Committee:

Chair – Oleg Bagrin, members: Thomas Veraszto (independent director), 

Helmut Wieser
Joachim Limberg (independent director), Vladimir LisinMarjan Oudeman (independent director), Karen SarkisovGrigory FedorishinBenedict Sciortino (independent director). 

Audit Committee:

Chair - Marjan Oudeman (independent director), members: Nikolai GagarinKaren Sarkisov
Stanislav Shekshnia (independent director), Benedict Sciortino (independent director).

Human Resources, Remuneration, and Social Policies committee:

Chair - Stanislav Shekshnia (independent director), members: Oleg BagrinThomas Veraszto (independent director), Joachim Limberg(independent director), Vladimir Lisin.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.

NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.

NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 12M 2018, the Company generated $12 billion in revenue and $3.6 billion in EBITDA. Net debt/EBITDA stood at 0.25õ. The Company has investment grade credit ratings from S&P, Moody’s, Fitch and RAEX (Expert RA).

NLMK’s ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded 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 RUB1. For more details on NLMK shareholder capital please follow the link.

For more information on NLMK Group, please visit our website.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer