Prior to his appointment, since October 2012 Mr. Shtark worked as deputy general director for coke and chemical production — managing director of Moscow Coke and Gas Plant OAO. In 2010-2012, he was managing director of Mechel-Coke OOO, and in 2008-2010 — director of Mechel-Coke OOO. In 1996-2008, he held consecutive posts of deputy chief mechanic, head of the coal preparation workshop, and chief engineer of coke and chemical production at Nizhny Tagil Metallurgical Plant. In 1996 he was chief of coke and chemical equipment repair shop at Nikom-Polymer ZAO. In 1995-1996, he held consecutive posts of labor safety engineer, head of mechanization team and senior supervisor of production preparation at Vysokogorsk Mining Plant. In 1992-1994 he was shift supervisor at Nizhny Tagil Metallurgical Plant.Mr. Shtark graduated from Urals Polytechnic Institute with a specialty in smelting production equipment and technology in 1992. In 2006, he also graduated from Urals State Technical University (formerly Urals Polytechnic Institute) with a program in chemical technology of natural energy resources and carbon materials. Mechel is one of the leading Russian companies. Its business includes four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, ferrochrome, ferrosilicon, steel, rolled products, hardware, heat and electric power. Mechel products are marketed domestically and internationally. Some of the information in this press release 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 U.S. Securities and Exchange Commission, including our Form 20-F. These documents contain and identify important factors, including those contained in the section captioned "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in our Form 20-F, that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, the achievement of anticipated levels of profitability, growth, cost and synergy of our recent acquisitions, the impact of competitive pricing, the ability to obtain necessary regulatory approvals and licenses, the impact of developments in the Russian economic, political and legal environment, volatility in stock markets or in the price of our shares or ADRs, financial risk management and the impact of general business and global economic conditions.
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