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18/02/2013
14:42
Metalloinvest elected 7-member BOD.

The 7-member BOD was elected at Metalloinvest, the company informed.

F.Moshiri is a chairman. He noted that BOD decided to cut down the number of executive directors in favor of non-executive ones. I.Lupicheva represents USM Holdings in BOD.

Metalloinvest Holding (TIN 7705392230) is ranked as the 4th raw producer in the world. It involves Mikhailovsky GOK, Lebedinsky GOK, Oskolsky Electro Metallurgic Plant, Uralskaya Steel.

The Company is one of the key steel producers in the region covering 9% of the total steel output in Russia.

The IH 2012 net profit (IAS) rallied up 187.1% to reach $1.312bn from $457mln.

The consolidated revenues declined 7.6% to $4.458bn from $4.825bn; EBITDA - 13.1% to $1.642bn from $1.89bn; EBITDA margin - 36.8% from 39.2%

"AK&M", 18.02.2013

 

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