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EuroChem appoints Dmitry Sokov as Head of its Russian business

Zug, Switzerland, 14 February 2017 – EuroChem Group AG (“EuroChem” or the “Group”), one of the world’s leading global fertilizer companies, today announces that the Board of Directors has approved the appointment of Dmitry Sokov as Head of its Russian subsidiary, JSC MCC EuroChem, effective from 15 February 2017.

Based in Moscow, Mr Sokov will manage day-to-day operations and further develop EuroChem’s business in Russia. He will report to the Group’s CEO, Dmitry Strezhnev, who previously concurrently held this operational role and who will continue to oversee this part of business as Chairman of the Board. With EuroChem’s significant global expansion, this appointment will enable Mr Strezhnev to focus on the implementation of the Group’s global strategy and further international growth.

Prior to EuroChem, Mr Sokov held a number of senior management positions during his long career with JSC Cordiant, one of the leading tyre manufacturers in Eastern Europe (formerly OAO SIBUR-Russian Tyres), including most recently serving as its CEO from 2012. He holds an MBA in Strategic Management from one of Russia’s leading universities, the National Research University Higher School of Economics, and graduated from Russia’s leading technical university, the Moscow State Technological University “STANKIN”, with a degree in Financial Management.

Dmitry Strezhnev, EuroChem CEO, commented: “We are pleased to welcome Dmitry Sokov as head of EuroChem’s well-established business in Russia. With his wealth of management experience in the Russian chemical industry, we are confident that Dmitry will significantly contribute to the implementation of the Group’s strategy in one of its key markets and will actively grow EuroChem’s fertilizer business there.”

Dmitry Sokov said: “I am honoured to step into the role of Head of EuroChem’s business in Russia. EuroChem is widely known as one of the leading global fertiliser companies and a trusted industry brand not only in Russia but worldwide. I would also like to thank EuroChem’s Board for putting their confidence in me. I’m impressed by what the Russian team has already accomplished and looking forward to working together on taking EuroChem’s Russian business to the next phase of growth.”


About EuroChem Group AG

EuroChem is a leading global fertilizer company producing primarily nitrogen and phosphate fertilizers, as well as certain organic synthesis products and iron ore. The Group is vertically integrated with activities spanning from mining and hydrocarbons extraction to fertilizer production, logistics, and distribution. EuroChem is currently developing two sizeable potash deposits in Russia with its VolgaKaliy and Usolskiy Potash greenfield projects. Headquartered in Zug, Switzerland, the Group operates production facilities in Belgium, China, Kazakhstan, Lithuania, and Russia, supporting distribution assets in Europe, the CIS, Asia, and North and South America. EuroChem employs more than 25,000 people globally.

For more information, please visit eurochem-corporate-qa1b64.azurewebsites.net or contact:

MEDIA

Vladimir Torin
Head of Public Relations
vladimir.torin@eurochem-corporate-qa1b64.azurewebsites.net

Elena Kalinskaya /Leonid Fink
FTI Consulting
+44 (0) 20 3727 1000
eurochem@fticonsulting.com

INVESTORS

Olivier Harvey
Head of Investor Relations
olivier.harvey@eurochem-corporate-qa1b64.azurewebsites.net

 

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