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EvrazHolding Finance elected new BOD.

Sibmetinvest as the one holder of EvrazHolding Finance elected the 3-member BOD Apr. 28, the company informed.

250mln rub. out of the 2012-retained profit (750mln rub.) will be transferred to Sibmetinvest.

EvrazHolding Finance (TIN 7707710865) provides operations on the capital market through the securities issues and loans within Evraz Group S.A.

Evraz Group S.A. is the largest vertically-integrated metallurgic and mining company. It involves three leading steel-making entities (Nizhnetagilsky, Zapadno-Sibirsky, Nizhnekuznetsky) and Evraz Palini e Bertoli (Italy), Evraz Vitkovice Steel (Czechia), Evraz Inc. NA (USA and Canada), ore assets in Ukraine, Highveld Steel and Vanadium Corporation (South Africa).

In 2013 the steel output moved up 1.1% to 16.109mln ton; steel products - 1.73% to 15.972mln ton from 15.7mln ton; pit iron - 4.34% to 12.553mln ton from 12.031mln ton.

Evraz Plc increased the 2013-losses (IAS) 34.6% to gain $572mln from $425mln; consolidated revenues dropped 2.1% to $14.411bn from $14.726bn, EBITDA - 10.2% to $1.821bn from $2.027bn; net debts reached $6.534bn on 2.5% in rise; capital expenses declined to $902mln from $1.261bn due to the review of investment plans.

"AK&M", 30.05.2014


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