Yuri Larin, NLMK Group vice president – Technology Development & Operational Efficiency and member of the Management Board, has been appointed general director of Stoilensky, the iron ore producer. He takes over from the current CEO Alexander Gorshkov. In a parallel development, Sergei Napolskikh has been appointed deputy general director – Production and Technology.
Yuri Larin played an active role in the development of Stoilensky’s programme aimed at increasing operational efficiency. Together with projects to construct the Pelletizing Plant, expand the mining pit, and the company’s crushing and beneficiation capacities, it is part of NLMK Group’s ‘Strategy 2017’ and a key goal for the new management of Stoilensky.
NLMK Group management thanked Alexander Gorshkov for his many years of dedicated service as CEO of the company that has come to be recognised as a leader in the Russian mining industry. Stoilensky (part of NLMK Group) is ranked third in terms of iron ore production. In 2013, its share in Russia’s total iron ore production was over 15%.
