17 December 2018

Elena Lobodina to head NLMK Trading


NLMK Group, a global steel company, is pleased to announce the appointment of Elena Lobodina as General Director (CEO) of NLMK Trading.

Elena’s key challenges will include the development of NLMK Group’s customer service across global markets and the introduction of best practices in sales business processes.

NLMK Trading manages NLMK Group’s export deliveries. The Company’s sales policy is focused on working with end consumers.

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Elena Lobodina’s background

Before joining NLMK, Elena Lobodina was General Manager at Gazprom Marketing and Trading, where she was responsible for business development. Prior to that, Elena worked in various management positions at TNK-BP, where she was engaged in sales, logistics, and the Company's development strategy. Prior to her appointment to TNK-BP, she worked for an investment company. Elena graduated from Moscow State University and holds a Master's Degree from INSEAD Business School.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore windmills

NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.

NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 9M 2018, the Company generated $9 billion in revenue and $2.7 billion in EBITDA. Net debt/EBITDA stood at 0.25х. The Company has investment grade credit ratings from S&P, Moody’s, Fitch and RAEX (Expert RA).

NLMK’s ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital please follow the link.

The jury of the prestigious S&P Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical, announced NLMK Group as winner of the Industry Leadership Awards – Steel in 2016, and awarded it the CEO of the Year in 2018.

For NLMK Group’s photos and corporate videos, please visit our media library.