EVR Evraz Plc

    RNS Number : 4547J
  Evraz Group S.A.
  03 December 2008
   

    For immediate release

    EVRAZ BOARD ELECTS ALEXANDER ABRAMOV NEW CHAIRMAN

    December 3, 2008 - Evraz Group (LSE: EVR) ("Evraz" or the "Company") announces the election of Alexander Abramov as Chairman of Evraz's
Board of Directors. He succeeds Alexander Frolov who will remain the Company's CEO. 

    Splitting the roles of Chairman and CEO will ensure Evraz is best positioned to deliver the Company's strategic and operational goals. 


    Alexander Abramov will be responsible for leading the Board and coordinating its activities. Furthermore, he will ensure there is an
effective dialogue with all the Company's stakeholders, which is of particular importance in the challenging market environment.  

    Alexander Frolov will be responsible for the daily management of the Company's steel and mining divisions in and outside Russia, as well
as for realizing synergies of vertical and horizontal integration between the Company's businesses worldwide.  

    The Board believes that Messrs. Abramov and Frolov have the extensive business experience and qualities necessary to succeed in
fulfilling Evraz's goals.  


    ���

    For further information:

    Evraz Group
    Corporate Affairs and Investor Relations
    Alexey Ivanov
    Tel: +7 495 232 1370
    IR@evraz.com
    Evraz Group S.A. is a large vertically integrated steel, mining and vanadium business with operations in the Russian Federation,
Ukraine, Europe, USA, Canada and South Africa. Evraz produced 16.4 million tonnes of crude steel in 2007, ranking it among the 17 largest
steel producers in the world by volume. Its mining operations cover 93% of iron ore and over 100% of coking coal internal consumption.
Evraz's total consolidated revenues for the year ended 31 December 2007 were US$12,808 million and consolidated EBITDA was US$4,254 million.
For 1H 2008 the consolidated revenues were US$10,726 million and EBITDA * US$3,700 million. For further information visit www.evraz.com






This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
BOAILFSIFILVIIT

Evraz (LSE:EVR)
Historical Stock Chart
From Jun 2024 to Jul 2024

Evraz (LSE:EVR)
Historical Stock Chart
From Jul 2023 to Jul 2024