Organizational changes in Evraz European Sales Team

23.9.2010

Organizational changes in Evraz European Sales Team

Evraz Group S.A. (the Company) announces recent organizational changes in its European sales team. The Company proceeds with the process of its European sales system consolidation and formation of an integrated pan-European trading strategy aimed at assuring the best marketing and sales possibilities for all Evraz European assets.

The Company also announces managerial changes in EVRAZ VITKOVICE STEEL sales team. Mr. Jiri Postulka decided to pursue new career opportunities outside EVRAZ VITKOVICE STEEL and tendered his resignation as Sales Director of EVRAZ VITKOVICE STEEL with effect from October 1, 2010. Mr. Postulka also resigned from the EVS Board of Directors. "On behalf of the EVS Board of Directors and our management team I would like to thank Mr. Postulka for his contribution to EVRAZ VITKOVICE STEEL operations over the past years" - says Mr. Zbynek Kvapik, Chief Executive Officer and Chairman of the Board of Directors of EVRAZ VITKOVICE STEEL. - "We wish Mr. Postulka every success and new achievements in his future career endeavors". 

EVRAZ VITKOVICE STEEL sales efforts will be temporarily supervised by Evraz European Sales Director Mr. Diego Zanuso. The Company expects to nominate the new leader of the EVRAZ VITKOVICE STEEL sales team shortly.  

 

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For further information please contact:

Crest Communications Ostrava                      

Jaromír Krišica
Tel.: +420 603 543 572
krisica@crestcom.cz

EVRAZ VÍTKOVICE STEEL concentrates on the production of steel and steel products - heavy plates, heavy and medium sections, and flame-cut shapes from heavy plates. The company aims to continue increasing the sales of its products with high added value, such as deliveries of plates for pipelines. Thanks to the important support of the EVRAZ Group and its strong position on the Russian steel market the company has also successfully entered the Russian market of the pipeline industry. In the sphere of heavy plates EVRAZ VÍTKOVICE STEEL is the main European manufacturer and the only manufacturer in the Czech Republic. Within the section production the most important product is sheet piles which represent a 75 % share of the mill's production. The company is the sole manufacturer of this product on the domestic market and holds a 90% market share.

EVRAZ Group S.A. is a large vertically-integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Europe, the USA, Canada and South Africa. The Company is ranked the 14th largest steel producer in the world based on crude steel production of 15.3 million tonnes in 2009. EVRAZ is largely self-sufficient in respect of its iron ore and coking coal requirements with the majority of its internal consumption covered by its mining operations. EVRAZ's consolidated revenues for the year ended 31 December 2009 totalled US$9,772 million, while consolidated adjusted EBITDA amounted to US$ 1,237 million.

 

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