EuroChem appoints Terje Bakken as Head of Marketing and Sales

Moscow, 16 July 2014 – EuroChem (the “Company”), a top ten fertilizer company globally, today announces the appointment of Terje Bakken as Managing Director, Head of the Marketing and Sales Division.

Mr. Bakken will be reporting to EuroChem CEO Dmitry Strezhnev and he is set to join as member of EuroChem’s management board.

Based in Moscow, Russia, Mr Bakken will lead the Company’s domestic and international marketing and sales activity, including the development of the global distribution and other strategic international initiatives.

“We are very pleased to have Terje join the management team. His extensive and deep understanding of fertiliser markets, coupled with his international experience, will prove extremely valuable as we seek to further develop EuroChem’s global presence,” said EuroChem CEO Dmitry Strezhnev.

Since May 2013, Mr Bakken has been engaged with EuroChem on a full-time basis as advisor, working on the Company’s international growth strategy and organizational development. He brings many years of experience from Norsk Hydro and Yara International, being a member of Yara’s executive management team from 2004 to 2011. Prior to this, Mr Bakken held several international management positions in Asia and Europe. He has an MBA from Bath University in England.

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