Russia: MMK funds arrive in accounts of victims affected by building housing collapse in Magnitogorsk

On January 4-11, nearly 65 million rubles of MMK funds were transferred to the personal bank accounts of victims and relatives of those victims affected by the residential building collapse in Magnitogorsk. The charity fund Metallurg, which distributes MMK’s targeted assistance funds, reported that as of January 11, 162 people who had been affected in…

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Russia: NLMK appoints VIZ-Stal CEO

NLMK reports the appointment of Stanislav Olkov the CEO of VIZ-Stal. He has replaced Valeriy Shevelev in this office. Shevelev will focus on a new strategy stage of NLMK Group. The goal of Olkov is to improve product quality and business process efficiency. Stanislav Olkov has been working with VIZ-Stal since 2007. Since 2013 he…

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