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May 10, 2012 10:00 am ET
Yevgeny V. Mikhel – Chief Executive Officer
Stanislav A. Ploschenko – Chief Financial Officer
Oleg V. Korzhov – Senior Vice President, Economics and Management
Dmitry Smolin – UralSib Capital
George Buzhenitsa – Deutsche Bank
Sergey Donskoy – Societe Generale
Thank you and good day everyone. We would like to welcome you to Mechel’s conference call to discuss our Full Year 2011 Results, which were reported today. With us from management today are: Mr. Yevgeny Mikhel, Mechel’s CEO, Mr. Stanislav Ploschenko, Mechel’s CFO, and Mr. Oleg Korzhov, Mechel’s Senior Vice-President for Economics and Management.
After management has made their formal remarks, we will take your questions to the presentation team. Please note that during this call, management will make forward-looking statements, some of which may have been made in the press release. Some of the information on this conference call may contain projections or other forward-looking statements regarding future events or the future financial performance of Mechel, as defined in the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.
We wish to caution you that these statements are only predictions, and that actual events or results may differ materially. We do not intend to update these statements. We refer you to the documents Mechel files from time-to-time with the United States Securities and Exchange Commission, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements.