EuroChem appoints Kuzma Marchuk as Group CFO

Zug, Switzerland, June 13, 2018 – EuroChem Group AG (hereinafter “EuroChem” or “Group”), a leading global fertilizer company, today announces the appointment of Kuzma Marchuk as its Chief Financial Officer.

Mr Marchuk succeeds Andrey Ilyin, who is to leave the company at the end of June after 10 years in the role.

Mr Marchuk, who joined the EuroChem Board of Directors as a Non-Executive Director in 2017, is also a Member of the Board of SUEK, where he served as Deputy CEO and Chief Financial Officer between 2011 and 2016. Before that he was Chief Financial Officer and, from 2007, a Member of the Board of Directors of Uralkali.

Commenting on the announcement, Dmitry Strezhnev, EuroChem Group CEO said: “I am delighted that Kuzma Marchuk will take over as our CFO. He has worked closely with the Group in the past and is well known to our financial stakeholders. I would like to thank Andrey Ilyin for his extensive contribution to EuroChem over the past decade and wish him the very best for the future.”

Kuzma Marchuk stated: “I am thrilled to take up this role at such an exciting time in the company’s development, and I look forward to helping the Group through its next stages of growth.”

About EuroChem Group AG

EuroChem is a leading global producer of nitrogen, phosphate and potash fertilizers, as well as certain industrial and mining products. The Group is vertically integrated with activities spanning mining to fertilizer production, logistics, and distribution. EuroChem began potash production at its Usolskiy mine in early 2018, and continues to develop a second greenfield site at VolgaKaliy in Russia. Headquartered in Zug, Switzerland, the Group operates production facilities in Europe, Asia and the CIS, employing more than 26,000 people.

For more information, please visit or contact:


Guy Dresser
Head of Communications
EuroChem Group AG

Elena Kalinskaya
FTI Consulting
+44 (0) 20 3727 1000

Russian Media

Vladimir Torin
Head of Public Relations
MCC EuroChem


Ruslan Karmanny
Head of Corporate Finance and Treasury
EuroChem Group AG

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