Vladimir Lisin
Vladimir Lisin (born 1956) is a Russian businessman.
Vladimir Lisin has been a member of the Board Directors of Novolipetsk Steel (NLMK) since 1996 and its chairman since 1998. Since 1993, he has served as a Board member of several leading Russian metal producers, including NLMK, MMK and Sayansk and Novokuznetsk Aluminium Plants. He previously worked as Deputy Chief Engineer and as Deputy General Director of the Karaganda Steel Plant, one of Kazakhstan's four largest steel plants. A graduate of the Siberian Metallurgic Institute, he started his career at the Tulachermet Metals Works as a foreman, rising through the ranks to become section manager and shop manager. His postgraduate studies include an MSc in 1989, a PhD in engineering and DSc in economics. He holds various patents for metallurgical processes and has published numerous articles on metallurgy and economics.
He is a professor of the Academy of National Economy and the holder of the Council of Ministers' prize in the science and engineering (1989), the Honorary Metallurgist of Russia (1999), the Knight of the Order of Honour of the Russian Federation (2000) and the Knight of the Order of St. Sergiy Radonezhsky (2001).
Vladimir Lisin has been a member of the Board Directors of Novolipetsk Steel (NLMK) since 1996 and its chairman since 1998. Since 1993, he has served as a Board member of several leading Russian metal producers, including NLMK, MMK and Sayansk and Novokuznetsk Aluminium Plants. He previously worked as Deputy Chief Engineer and as Deputy General Director of the Karaganda Steel Plant, one of Kazakhstan's four largest steel plants. A graduate of the Siberian Metallurgic Institute, he started his career at the Tulachermet Metals Works as a foreman, rising through the ranks to become section manager and shop manager. His postgraduate studies include an MSc in 1989, a PhD in engineering and DSc in economics. He holds various patents for metallurgical processes and has published numerous articles on metallurgy and economics.
Dr. Lisin was born on May 7, 1956 in Ivanovo. He is married, with three children.
In 1998, Vladimir Lisin became the chairman of Novolipetsk Steel. It is one of the four largest steel companies in Russia with sales of more than US$6.0 billion in 2006 and 9.1 million tonnes of steel output. NLMK's share of domestic crude steel production was about 13% in 2006. It primary produces flat steel products, semi-finished steel products and electrical steels. NLMK also produces specialty coated steels, plus high-ductility and micro-alloyed steels. It is a global slab and grain-oriented steel market leader, with 13% and 20% global market shares, respectively.
Currently Novolipetsk Steel (NLMK) is one of the world's most profitable steel companies per tonne of production and by far the most profitable steel-making company in Russia with a 2006 Ebitda margin of 44%.
NLMK's assets are technically advanced and on par with its global peers. NLMK is fully self-sufficient in iron-ore through its 97% stake in Stoilensky GOK, Russia's 3rd-largest iron ore producer.
In December 15 2005 the company listed 42 million (8.3% of the total number of shares) of its Global Depositary Shares (GDSs) on the London Stock Exchange (LSE: NLMK). Each GDS represents 10 ordinary shares.
In June 2006 NLMK altered its dividend policy and increased its target payout ratio from 15% to 20% of its net income under US GAAP. The company pursues the goal of bringing its total dividends over five-year period to 30%.
Vladimir Lisin
Dr. Lisin was born on May 7, 1956 in Ivanovo. He is married, with three children. Vladimir Lisin is a Russian businessman.
Vladimir Lisin has been a member of the Board Directors of Novolipetsk Steel (NLMK) since 1996 and its chairman since 1998. Since 1993, he has served as a Board member of several leading Russian metal producers, including NLMK, MMK and Sayansk and Novokuznetsk Aluminium Plants. He previously worked as Deputy Chief Engineer and as Deputy General Director of the Karaganda Steel Plant, one of Kazakhstan's four largest steel plants. A graduate of the Siberian Metallurgic Institute, he started his career at the Tulachermet Metals Works as a foreman, rising through the ranks to become section manager and shop manager. His postgraduate studies include an MSc in 1989, a PhD in engineering and DSc in economics. He holds various patents for metallurgical processes and has published numerous articles on metallurgy and economics.
He is a professor of the Academy of National Economy and the holder of the Council of Ministers' prize in the science and engineering (1989), the Honorary Metallurgist of Russia (1999), the Knight of the Order of Honour of the Russian Federation (2000) and the Knight of the Order of St. Sergiy Radonezhsky (2001).
Vladimir Lisin, Chairman, has been a member of the Board since 1996 and has been Chairman since 1998. Since 1993, he has served as a Board member of several leading Russian metal producers, including NLMK, MMK and Sayansk and Novokuznetsk Aluminium Plants. He previously worked as Deputy Chief Engineer and as Deputy General Director of the Karaganda Steel Plant, one of Kazakhstan's four largest steel plants. A graduate of the Siberian Metallurgic Institute, he started his career at theTulachermet Metals Works as a foreman, rising through the ranks to become section manager and shop manager.His postgraduate studies include an MSc in 1989, a PhD in Engineering and DSc in Economics. He holds various patents for metallurgical processes and has published numerous articles on metallurgy and economics. He is a professor of the Academy of National Economyand the holder of the Council of Ministers' prize in the science and engineering (1989), the Honorary Metallurgist of Russia (1999), the Knight of the Order of Honour of the Russian Federation (2000)and the Knight of the Order of St. Sergiy Radonezhsky (2001).
In 1998, Vladimir Lisin became the chairman of Novolipetsk Steel. It is one of the four largest steel companies in Russia with sales of more than US$6.0 billion in 2006 and 9.1 million tonnes of steel output. NLMK's share of domestic crude steel production was about 13% in 2006. It primary produces flat steel products, semi-finished steel products and electrical steels. NLMK also produces specialty coated steels, plus high-ductility and micro-alloyed steels. It is a global slab and grain-oriented steel market leader, with 13% and 20% global market shares, respectively.
Currently Novolipetsk Steel (NLMK) is one of the world's most profitable steel companies per tonne of production and by far the most profitable steel-making company in Russia with a 2006 Ebitda margin of 44%.
NLMK's assets are technically advanced and on par with its global peers. NLMK is fully self-sufficient in iron-ore through its 97% stake in Stoilensky GOK, Russia's 3rd-largest iron ore producer.
In 2000, Vladimir Lisin got a majority stake in Russia's giant Novolipetsk steel mill, NLMK, as his share. Recently, he added a seaport, an energy company and a large iron-ore producer to NLMK's holdings. In the subsequent year, he joined hands with a tough group of traders called Trans-World Group, which came to dominate Russia's aluminum and steel exports. In late 2005 Lisin sold 7% of his industrial complex on the London Stock Exchange for $610 million and spent the proceeds buying up two coal companies, solving an ongoing problem for metals producers--raw materials supply.
In December 15 2005 the company listed 42 million (8.3% of the total number of shares) of its Global Depositary Shares (GDSs) on the London Stock Exchange (LSE: NLMK). Each GDS represents 10 ordinary shares.
Vladimir Lisin, 49, a steel tycoon, who owns Russia's largest steel maker Novolipetsk, has bought a historic Scottish estate for 6.8 million pounds. The 3,300-acre 17th century Aberuchill Castle Estate is located near Comrie in Perthshire. The businessman acted in a consistent and well-planned manner. First he purchased a nice “family nest” featuring five receptions rooms and 13 bedrooms with en-suite bathrooms. This week he is planning to sell shares of his company at London Stock Exchange with an estimated profit of $700 million.
The steel magnate Vladimir Lisin is said to have paid £6.8 million for the 3,300?acre Aberuchill Castle estate in Perthshire. Boris Berezovsky bought 172?acre Hascombe Court, near Godalming, in Surrey, from Chris Evans for £10 million. Roman Abramovich is reported to have paid more than £12 million for Fyning Hill, near Midhurst, West Sussex. Fyning Hill boasts a go-kart track, clay-pigeon shoot, trout lake and rifle range.
[T]he Reubens alleged that money used by Lisin to fund his share purchase came from a revolving credit facility guaranteed by Intermetal. The Reubens claimed that Lisin failed to pay them back. Both cases prompted legal action. The Reubens were compensated for the loss of the export steel contract and an out-of-court settlement was reached over the repayment of the loans.
Lisin seems to have emerged a net loser. In agreeing to sign the statement, he tacitly acknowledged that he had failed to get the Kremlin's green light to run as a candidate against Korolev. In contrast to such regions as the Chukchi, Taimyr and Evenk Autonomous Okrugs, where the Kremlin encouraged local oligarchs to run for governor, Moscow seems fully satisfied with Lipetsk's incumbent governor. This was amply demonstrated in recent days, when Georgy Poltavchenko, President Putin's authorized representative in the Central Federal District, traveled to Lipetsk Oblast to participate in various "roundtables" in which Korolev played the leading role (Kommersant, February 20).
