NLMK announces the separation of the Company’s IT implementation function into a new line of corporate development. To this end, the position of Information Technology Vice President has been introduced.

On 2 March, 2007, Vadim Urias was appointed as NLMK’s IT Vice President. Mr Urias will lead the creation and management of common IT policies across the NLMK Group. NLMK’s plans envisage the implementation of a corporate ERP system.

NLMK’s President, Alexey Lapshin, commented the appointment as follows: ”NLMK has enjoyed rapid development due to the acquisition of high quality assets and implementation of the Technical Upgrade Programme. Managing the group is becoming more complicated as the Company faces new challenges including the smooth integration of new units into the Group’s information management system. I’m sure that making information technology an important area of activity and appointing Vadim Urias will allow us to efficiently achieve the goals we have set.»

For reference: Vadim Urias, born on November, 17 1962, holds the diploma (cum laude) of Moscow Institute of Radio, Electronics and Automation. Prior to joining NLMK, Vadim acted as Director of the IT department in UC RUSAL.