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OJSC MMK Appoints Deputy CFO

MMK announced the appointment of Alexander Andrianov as Deputy CEO on Finance and Economics (Chief Financial Officer), according to the Order of MMK CEO Boris Dubrovsky.
 
Adrianov’s career growth is solely connected with the steel business. He joined the IT team of Cherepovets Metal Works in 1992 as a computer programmer, and later, upon graduating from Moscow State Academy of Management, was appointed Head of Department at Severstal to eventually become the company’s CFO. During the past year, Andrianov held the post of Chief Executive Officer of the Ukrainian Company Smart-Holding and sat on the Supervising Board of the Metinvest Group.
 
Born 1966, Andrianov, is a graduate of Leningrad State Technical University (1992) and Moscow State Academy of Management (1995). In 2003 he received a diploma from Newcastle Business School.
 
MMK is among the world's largest steel producers and is one of the leaders of Russia's steel industry. The company's operations in Russia include a large steel producing complex encompassing the entire production chain, from preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of higher value added products. In 2010 MMK Group produced 11.4 million tonnes of crude steel and 10.4 million tonnes of commercial steel products. The Group's revenue in 2010 stood at USD 7,719 million, with EBITDA at USD 1,606 million and net profit of USD 232 million.