NLMK Group has topped the ‘Leader in Procurement Process Digitalization’ nomination of the 'Competitive Procurement Leader' Award. The Award Ceremony was held in Moscow at the Russian ‘Corporate Procurement 2018’ Summit.
NLMK Group has embarked on the construction of an additional beneficiation section at Stoilensky. Three new grinding lines will enable the company to increase its concentrate output from 17.5 mtpa to 20 mtpa and to increase its ore processing capacity from 37 mt to 42 mt by 2020.
At a meeting held on 25 October 2018, NLMK Group’s (LSE: NLMK) Board of Directors recommended the Company’s shareholders approve payment of Q3’18 dividends of RUB 6.04 per share at the upcoming Extraordinary General Shareholder Meeting (EGM) which will be held on 21 December 2018.
NLMK Group is pleased to announce the appointment of Dmitry Kholkin to the newly created position of Vice President of Digital Transformation.
NLMK Group (MICEX and LSE: NLMK) is pleased to announce an EBITDA growth of 11% qoq to $1,015 m. EBITDA margin was 32%. Net income grew by 11% qoq to $646 m. Free cash flow doubled qoq to $638 m. Net debt/EBITDA hit its minimum in a decade of 0.25x.
NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q3 2018 on Thursday, October 25, 2018.
NLMK Group has embarked on a project to implement stamp charging technology at an operating coke oven battery at Altai-Koks, a leading Russian manufacturer of metallurgical coke.
NLMK Group has topped the ‘People are the most valuable capital’ nomination in the annual SAP Value Award for implementing an updated HR management system based on SAP Human Capital Management (SAP HCM) and SAP SuccessFactors cloud solution.
At the Extraordinary General Shareholders’ Meeting (EGM) held on 28 September 2018, NLMK shareholders approved the payment of 2Q’18 dividends of RUB 5.24 per share.
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