OREANDA-NEWS. On June 26, 2009 Dmitriy Livshits has been appointed the CEO of Khartsyzsk Pipe Plant. The General Shareholders' Meeting carried this resolution.  According to the decision of the Supervisory Board of the plant, Dmitriy Livshits has been acting as the CEO of KHTZ since 21 May 2009, reported the press-centre of SCM.

 Dmitriy Livshits has two university degrees in "Ferrous metallurgy" and "Business economics". He has considerable experience in iron and steel industry. From 1993 he worked as Production Director and Chief Engineer at metal enterprises in Russia. In 2005 he was the head of YeMZ Group. Since July 2006 he has been the CEO of Azovstal, which is part of Metinvest Group.

During the time when Dmitriy Livshits acted as the CEO of Azovstal, the plant realized the development strategy that made it possible to increase production and improve financial performance indicators. Also the plant continued its large-scale investment programme, implemented a number of new technologies and introduced many large modernization projects. Those factors helped expand the range of rolled products, develop high-strength strip production Х-70,Х-80, which considerably influenced the quality of the smelted metal and increased competitiveness of Azovstal metal products on global markets. 

"I take the appointment to the post of CEO of KhTZ as great responsibility. Khartsyzsk Pipe Plant has a huge growth potential and many prospects for development. Little by little, step by step we'll be moving on within the framework of strategic programme of enterprises of the Steel and Rolled Products Division of Metinvest Group", noted Dmitriy Livshits, the CEO of KHTZ and Azovstal.

"I wish Dmitriy Livshits success in his new post. His appointment will continue the integration process of our chain of supplies, sharing Azovstal’s technologies and business processes within the group. It will lead to improvement of client servicing and will increase financial effectiveness of Metinvest Group", said Jack McLachlan, Director of Steel and Rolled Metal Division of METINVEST HOLDING.