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Metinvest makes personnel moves

Dmitriy Nikolayenko, holding the CEO position of OJSC Metinvest-SMC will act as Head of Sales Service in Steel and Rolled Products Division, Metinvest Holding. Former Head of Sales Service Andrey Parkhomchuk made the decision to continue his career outside the company. Marian Maksymovych, Metinvest International SA Financial Director, will act as CEO of Metinvest International SA.

During the period when Andrey Parkhomchuk worked as Head of Sales Service, differential sales system was created, distribution functional was thoroughly developed, effective sales strategy was elaborated and implemented. It allowed Metinvest to strengthen its positions on key and perspective markets.

Dmitriy Nikolayenko, acting as CEO of OJSC Metinvest-SMC supervises retail sales of service metal centers in Ukraine, Russia and South East Europe markets. His huge professional experience and personal involvement into the work in Metinvest team, allowed Metinvest to expand geographically its distribution network to 4 countries and 24 service metal centers.

For editors:

Sales Service is represented by: Metinvest International SA — steel export to the countries outside Ukraine and CIS, Metinvest-SMC – steel sales from service metal centers in Ukraine, Russia and South East Europe, Metinvest Eurasia – steel export to Russia, Metinvest-Ukraine – steel sales to Ukraine and export to CIS countries by wagon loads.

Metinvest is an international vertically integrated mining and steel group of companies. Production facilities of Metinvest enterprises allow complete satisfaction of internal consumption of raw materials, liquid steel and semi-finished products in the company’s Ukrainian holdings, and allow Metinvest to be a key supplier to European and Asian enterprises. Metinvest Group shareholders are SCM Group (75%) and Smart-Holding Group of Companies (25%).

METINVEST HOLDING, LLC is the managing Company of Metinvest Group.

Press centre Metinvest Group — 19 March 2010
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