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NLMK Group announces changes in NLMK Clabecq and NLMK Verona management

2018-11-16

Nov. 16, 2018 - NLMK Group announced the appointment of Mr. Peter Georg Selbach as CEO of NLMK Belgium Holdings plate business, which includes two companies in Europe: NLMK Clabecq (Belgium) and NLMK Verona (Italy). Peter will succeed Mr. Cornelius Louwrens, who will be leaving the Company before the end of 2018. Peter Selbach also joined the Management Board of NLMK International BV, NLMK Group’s international asset management company.

Before joining NLMK, Peter Georg Selbach served in executive management positions in European steel companies, including Hydro Aluminium, Bodycote International plc, Telemond Holding, Alcoa Europe and ThyssenKrupp Steel. In 2005-2013 Peter managed the global plate business and strip sales within ThyssenKrupp Steel. Peter Georg Selbach has extensive expertise in business restructuring, plant construction and capacity expansion, including in new niches, as well as product and service portfolio expansion.

Grigory Fedorishin, NLMK Group President and CEO, said “I would like to thank Cornelius Louwrens for having been instrumental to launching and implementing an operational efficiency improvement program at NLMK Clabecq, which improved the performance of the site. In particular, it’s through Cornelius and his team’s efforts that NLMK Clabecq managed to achieve a significant increase in technology intensive Q&T plate output. We would like to welcome Peter Selbach to our team and we are sure that his extensive experience in the industry and expertise as an executive in leading European steel companies will enable NLMK Clabecq and NLMK Verona to achieve strategic goals.”

NLMK Belgium Holdings (NBH) is a joint venture of NLMK Group (49%) and the Belgian state-owned SOGEPA (49%); the remaining 2% are treasury shares. NBH includes NLMK La Louvière and NLMK Strasbourg European strip manufacturers, NLMK Manage Service Center, and plate manufacturers NLMK Clabecq (Belgium) and NLMK Verona (Italy).
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