Southern Kuzbass Coal Company Appoints New General Director
February 15 2006 - 8:23AM
PR Newswire (US)
MEZHDURECHENSK, Russia, Feb. 15 /PRNewswire-FirstCall/ -- The Board
of Directors of Southern Kuzbass Coal Company, a subsidiary of
Mechel OAO (NYSE: MTL), has appointed Igor Khafizov to the position
of General Director. Igor Khafizov, 38 years old, replaces the
former General Director of Southern Kuzbass Coal Company, Leonid
Oparin, who was appointed to this position by the Board of
Directors in October 2004. "Igor Khafizov is a highly qualified
professional in mining. Over the years of his successful work in
Mechel he proved himself as a talented manager and an efficient
production runner. Under his management, the Korshunov Mining Plant
has been demonstrating excellent production and operating
performance over the last three years. I am confident that Mr.
Khafizov's considerable experience and expertise will have a
positive impact on the business of our core mining asset," Mechel's
CEO, Vladimir Iorich, said. Biography: January 2006 - February
2006. -- Managing Director of the Department of Management of
Korshunov Mining Plant, Mechel Management Company's Mining
Department 2003 - 2006 -- General Director, Korshunov Mining Plant
1992 - 2003 -- Held various positions at Korshunov Mining Plant
Graduated from the Urals Mining Institute with a degree in "mining
engineering" Mechel OAO Irina Ostryakova Phone: 7-495-258-18-28
e-mail: Mechel is one of the leading Russian mining and metals
companies. Mechel unites producers of coal, iron ore, nickel,
steel, rolled products, and hardware. Mechel products are marketed
domestically and internationally. Some of the information in this
press release may contain projections or other forward-looking
statements regarding future events or the future financial
performance of Mechel, as defined in the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995. We wish
to caution you that these statements are only predictions and that
actual events or results may differ materially. We do not intend to
update these statements. We refer you to the documents Mechel files
from time to time with the U.S. Securities and Exchange Commission,
including our Form 20-F. These documents contain and identify
important factors, including those contained in the section
captioned "Risk Factors" and "Cautionary Note Regarding Forward-
Looking Statements" in our Form 20-F, that could cause the actual
results to differ materially from those contained in our
projections or forward-looking statements, including, among others,
the achievement of anticipated levels of profitability, growth,
cost and synergy of our recent acquisitions, the impact of
competitive pricing, the ability to obtain necessary regulatory
approvals and licenses, the impact of developments in the Russian
economic, political and legal environment, volatility in stock
markets or in the price of our shares or ADRs, financial risk
management and the impact of general business and global economic
conditions. DATASOURCE: Mechel OAO CONTACT: Irina Ostryakova,
Mechel OAO, +7-495-258-18-28,
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