The Russian mining and steel producing company Mechel has announced the creation of the position of vice president for commercial activities, with Mikhail Urvantsev being appointed to this position.
"I am sure that Mikhail Urvantsev is up to the task and will be able to map out the best strategy to coordinate Mechel's commercial activities, aimed at cutting supply costs and raising the group's profit by increasing sales efficiency," Mechel's CEO Yevgeny Mikhel noted.