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30 July 2018

NLMK Engineering releases corporate film

NLMK Engineering (part of NLMK Group), one of the largest design institutes in the Russian steel industry, has completed the production of its corporate film titled "We design the future".

The underlying concept of the film is to illustrate the challenging lifecycle of a design project, from original idea to construction and launch of an industrial facility. NLMK Engineering’s experienced team of professionals implements hundreds of projects annually, most of which are related to the development of NLMK’s business.

Valery Khaibullin, General Director of NLMK Engineering, said:

"Over the past 20 years, our organization has grown to become a well-known engineering company in the global market with unique competencies and extensive experience in the design of industrial facilities. We use best practices in project management and business processes. NLMK Engineering has successfully implemented the Building Information Modeling (BIM) technology for construction, setting up a unified information environment for all capex project stakeholders. Today our company sets the trends, shaping the future of the steel industry. This is what our corporate film is about."

Watch «We design the future», a film about NLMK Engineering today and its success factors.

About NLMK Engineering

The company was founded in Lipetsk in 1960. Today, NLMK Engineering is NLMK's general designer; it is included in the top-100 largest Russian companies engaged in activities relating to architecture, engineering design, industry and construction. Since 2002, NLMK Engineering is included in the unified register of the Russian State Committee for Construction (Gosstroy) as the “Best Company of the Russian investment and construction complex” in the field of design. In 2010, the company was awarded a Building Honour badge, the top public award of the Russian construction community. It also has three diplomas "For achieving high performance in the current economic conditions” from the All-Russian competition. The company has more than 600 employees.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore windmills.

NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.

NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 9M 2017, the Company generated $7.25 billion in revenue and $1.87 billion in EBITDA. As of 30 September 2017, Net debt/EBITDA stood at 0.3х. The company has an investment grade credit rating from S&P and Fitch.

NLMK’s ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1.

NLMK Group received the Steel Industry Leadership Award at the prestigious 2016 Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical.