The new supervisors of the steel group in a majority Russian ownership are Andrey Zubitsky, Janko Jenko, Tomaž Stare, Evgeny Zverev, Sergey Cherkaev, Sergey Frolov and Denis Mancevič.

They will take over on 11 April, when the term of the outgoing supervisory board expires.

SIJ plans to generate EUR 767m in revenue this year, which would be 8% more than in 2014, while gross profit is expected to increase 10% to EUR 85m.