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- Metalloinvest in 2014Metalloinvest’s results in 2014 demonstrated that the Company has pursued the right development strategy in the areas of production, finances, and investments, and our achievements will act as a foundation for the Company’s continued sustainable growth”.Andrey Varichev,
CEO Management Company
- Strategy Report and Business ModelMetalloinvest continues to develop its strategic projects aimed at supporting and growing its production capabilities, minimising costs, improving market positions, protecting the Company’s long-term financial stability and increasing shareholder value”.Ivan Streshinsky,
Chairman of the Board of Directors
- Financial and Operational ResultsIn 2014, Metalloinvest has focused its efforts on developing the Company’s production assets and achieving strong financial results. Metalloinvest has continued to implement its strategy and has reached its targets. It has maintained a strong financial footing and realised its production targets, while exceeding production forecasts for some products”.Andrey Varichev,
CEO Management Company - Corporate GovernanceThe Board of Directors takes a proactive position, both in forming a long-term strategy, and in material issues of operating activity and assessment of work efficiency of the top managers. Qualification and professional experience of the members of the Board of Directors allow us to successfully implement the Company's development strategy”.Ivan Streshinsky,
Chairman of the Board of Directors - Sustainable Development and Corporate Social ResponsibilityWe recognise that the Company cannot develop in a sustainable manner unless it takes into consideration external economic, environmental and social factors. Ongoing dialogue with our stakeholders, an understanding of their expectations and a focus on creativity and partnership are the fundamentals of our approach to responsible business management”.Andrey Varichev,
CEO Management Company
Vector of sustainable development
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Financial Results
In 2014, the Company's management ensured the stability of Metalloinvest's financial position in spite of challenging external conditions and declining global iron ore prices. We focus on meeting our operating efficiency targets and on the implementation of our investment programme. This lays the foundation for sustainable development of the Company as a producer of metallised and iron ore products with high added value
Revenue
EBITDA
Net Income
Net Debt
CAPEX
Operational Results
Production of iron ore
(concentrate and sintering ore), million tonnes
Production of pellets
million tonnes
Production of HBI/DRI
million tonnes
Production of steel
million tonnes
Production of Pig iron
million tonnes
Long-term Strategy
Metalloinvest’s results in 2014
demonstrated that the Company
has pursued the right development
strategy in the areas of production,
finances, and investments, and
our achievements will act as
a foundation for the Company’s
continued sustainable growth”.
Andrey Varichev,
CEO Management Company
CEO Management Company
