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Novolipetsk Steel

October 4, 2022

Nikolay Ivanov appointed NLMK Group CFO

NLMK Group announces the appointment of Nikolay Ivanov as Vice President, Finance (CFO). Shamil Kurmashov, who previously held this position, will take on the role of advisor to the CEO.

Our new VP’s priority goals will include adapting the financial infrastructure to the change in our sales markets, setting up a new diversified structure of external financing, and further improvements in the quality and level of data automation and financial planning.

Grigory Fedorishin

President, Chairman of the Management Board

«I am grateful to Shamil Kurmashov for his active work on attracting financing, optimizing our working capital, and maintaining the company’s solid financial standing in a new challenging context. I am also convinced that Nikolay Ivanov’s diverse leadership and professional experience will strengthen the NLMK team»

Before joining NLMK Group, Nikolay Ivanov served as Vice President, CFO at Evraz. Prior to that, he held leadership positions in finance, operational efficiency and commerce at Vimpelcom and TNK-BP.

About NLMK Group

NLMK Group is a vertically integrated steel company, 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 18 million tonnes per year.

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



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