Press releases
The new structure and members of the Company's Management Board were approved at the Board of Directors meeting held on June 19, 2006.
Novolipetsk Steel (NLMK) is delighted to announce that it became the winner of the Annual Contest “Best Ecological Project” organized by the Federal Service for Ecological, Technological and Nuclear Supervision and “Industrial Ecology” magazine.
New members of three Board Committees of Novolipetsk Steel (NLMK) - Strategic Planning Committee, Audit Committee and Personnel, Remunerations and Social Policy Committee – were approved.
The Republic of South Africa revoked a 76.1% anti-dumping duty on NLMK’s cold-rolled steel.
The Governor of the Kemerovo region, Aman Tuleev, and Chairman of the Board of Novolipetsk Steel (NLMK), Vladimir Lisin, met on June 13 in Kemerovo and discussed measures to improve the situation in the field of industrial safety. During the meeting they also discussed possible arrangements to increase salaries of the employees of “Prokopievskugol” Coal Company, a newly-acquired NLMK subsidiary.
Novolipetsk Steel, NLMK (LSE: NLMK), the leading Russian steel producer, is pleased to announce that it has agreed to acquire 100% of the issued share capital of VIZ Stal, the second largest Russian electrical steel manufacturer, for USD 550 million. The acquisition is to be financed in full from NLMK’s existing cash funds.
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