NLMK Group, a global steelmaking company, is pleased to announce that is has amended the terms for its EUR 250 m revolving credit facility. The financing costs of the facility will now be linked to the Company’s sustainability performance
NLMK Group won the ‘Leader in Competitive Procurement’ award, topping the ‘Company of the Year’ nomination. The expert jury applauded the contribution of NLMK Group's procurement team to its procurement process development. Over the last five years, the Company has successfully implemented a Group-wide procurement information system that currently covers over 90% of NLMK Group's suppliers, and set up direct strategic partnerships with its key suppliers.
NLMK Group is pleased to announce the appointment of Dmitry Sotnikov as NLMK Group Vice President for Investment Projects. Konstantin Lagutin, NLMK Group’s previous VP for Investment Projects, has made the decision to step down from the position. He will stay on with the Company until the end of the year as Advisor to NLMK Group President and CEO.
The Board of Directors of NLMK Group (LSE: NLMK; MOEX: NLMK), a global steel company, has approved the Company’s Sustainable Development Policy.
NLMK La Louvière, one of the leading producers of flat steel coils in Belgium and a company of NLMK Group, has embarked on a 150 million euro project to revamp its hot strip mill, expanding production of thinner, stronger and more environmentally friendly steel.