Metallurgical Industrial Complex of Chelyabinsk delegates sole executive powers to Mechel Managing Company Ltd.

Metallurgical Industrial Complex of Chelyabinsk JSC (part of Mechel) has recently announced that the company was going to delegate the sole executive powers to Mechel Managing Company Ltd.

As the company’s spokesperson said to UrBC representative, the company signed the corresponding agreement after such decision had been made at the annual general meeting with the hope of improving the company’s management structure.

Former GD Sergey Malyshev was appointed the company’s Managing Director.

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