NLMK Group has appointed 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.

Grigory Fedorishin, NLMK Group President and CEO, said: “I would like to thank Konstantin Lagutin for his significant contribution to developing NLMK’s investment management process. He led the implementation and development of our project management system, and the execution of a number of NLMK’s strategic projects, including the construction of Stoilensky Pelletizing Plant. Ahead for Dmitry Sotnikov and his team is a large number of Strategy 2022 capex projects planned all over the world. I am convinced that Dmitry’s and NLMK professional team’s extensive and versatile experience will enable us to achieve our goals.”

Prior to joining NLMK Group, Dmitry Sotnikov headed a development company that executed the construction of a business park in Moscow, a residential complex in Yekaterinburg, and a business center in Perm, among other large-scale projects. Prior to 2011 and for almost a decade, Dmitry has held various investment and operational management positions at Evraz. He created a project management system at Evraz, and was directly involved in the execution of the company’s largest steelmaking and mining projects. Dmitry’s last position held at Evraz was that of Vice President, Urals Business Division. Dmitry graduated from Lomonosov Moscow State University (MSU), Faculty of Economics; Université Paris IX Dauphine; and New Economic School. He holds a Master’s Degree, Business Administration and Management, and a PhD in Economics. (NLMK/Ukrainian metal)

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