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Mechel Announces New Management Appointment
04/06/2011 - Mechel OAO announces the appointment of Mikhail Urvantsev to the newly created position of Vice-President for Commercial Activities.
Mechel OAO announced the appointment of Mikhail Urvantsev, 42, to the newly created position of Vice-President for Commercial Activities.
As a dynamically developing company, Mechel is implementing a long-term investment program aimed at developing its production facilities, increasing output volumes and raising the quality of its products. It requires consistent, strategically well-checked steps to perfect the sales system and coordinate supply work, which will ultimately enable the company to be flexible in reacting to market opportunities and expand further in Russian and foreign markets.
“I am sure that Mikhail Urvantsev is up to the task and will be able to map out the best strategy to coordinate Mechel’s commercial activities, aimed at cutting supply costs and raising the group’s profit by increasing sales efficiency,” said Mechel OAO’s Chief Executive Officer Yevgeny Mikhel noted.
Prior to this appointment Urvantsev served as UMZ’s General Director (2009-2011). He began his professional career at Beloretsk Metallurgical Plant in 2001 as Commercial Director, later becoming Deputy General Director of Mechel Trading House OOO in 2002. In 2004, he was appointed Director of Mechel Steel Group’s supply department, to be promoted to Mechel Trading House’s General Director later that same year. In 2005, he joined the staff of Industrial and Metallurgical Holding Management Company, and in 2006 was appointed General Director of UMZ Trading House OOO. He has been I his current position since 2009.
Mr. Urvantsev graduated from Moscow Commercial University with a specialty in economics and management in trade and catering.
Mechel, one of Russia’s leading companies, conducts business in four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, steel, ferrochrome, ferrosilicon, rolled products, hardware, heat and electric power, and its products are marketed domestically and internationally.
