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Oleg Deripaska is appointed CEO of En+ Group

En+ Group, a leading Russian industrial group, announces that Oleg Deripaska has been appointed CEO of the company. Oleg Deripaska will also remain the President of En+ Group.

Commenting on his appointment to the position of CEO, Mr. Deripaska emphasized: “Today, En+ Group is faced with important tasks related to developing the industry and economy in Siberia, promoting cooperation with its Asian partners and increasing the efficiency of its businesses, which is of special importance, given the current instability in global markets. The Group has a considerable potential, and we intend to fully exploit it for the benefit of all our partners and shareholders.”

About the Company:

En+ Group (www.enplus.ru) is a leading Russian industrial group comprising companies in the mining, non-ferrous metals and energy sectors, as well as related industries. En+ Group holds a controlling stake in UC RUSAL, the world's largest aluminum producer; it also owns Russia's largest private energy company, EuroSibEnergo, and SMR, the leading Russian producer of ferromolybdenum, as well as large coal deposits and logistics business. En+ Group’s business also includes projects related to mining (extracting iron ore, gold and other mineral resources) and the nuclear power industry. The Group’s key assets are located in Eastern Siberia, close to fast-growing Asian markets. In 2011, En+ Group’s consolidated revenue totaled USD 15.3 bln.

Press service of En+.

June 28, 2013
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