News

On February 2, 2010, Alfa-Bank took investors on a trip to Novolipetsk Iron and Steel Works (NLMK). Participants had the chance to meet with NLMK management and get acquainted with the company’s production facilities in the city of Lipetsk.

Portfolio managers and analysts were given a tour of NLMK’s existing facilities as well as those under construction. They also met the company’s management team, including: Vladimir Nastich, First Vice President and General Director; Aleksey Dagman, Head of the Engineering Center; Olga Botyaikina, Head of Equity Market Analysis; Yury Larin, Vice President, Technology and Environment; Grigory Putilin, Head of Consolidation and Analysis; and Sergey Takhiev, Head of Investor Relations.

Edward Kaufman, a member of the Executive Board and Co-Head of Corporate-Investment Banking at Alfa-Bank, said, «The main purpose of the visit was to provide investors working in the Russian securities market with an opportunity to gauge NLMK’s investment potential and obtain first-hand information on its assets and operations.».

NLMK is one of the world’s largest steel producers. In 2008, it brought in more than $11 bln in revenue and produced 10.5 mln tons of steel. The company has nearly 68,000 employees in Russia, Europe and the United States.

NLMK makes a wide range of steel products, including pig iron, slabs, hot-rolled, cold-rolled, galvanized, pre-painted, transformer and dynamo steel. In 2008, it shipped steel to customers in more than 70 countries.

NLMK’s shares are traded on the RTS and MICEX exchanges in Moscow, and its GDRs are listed on the London Stock Exchange.