Mechel Announces Establishing Its Representative Office in BelarusMoscow, Russia – October 3, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces establishing its official representative office in Minsk, the Republic of Belarus.
Mechel OAO’s representative office will provide support to the company’s business interests in Belarus, maintain contact with governmental authorities, arrange meetings with representatives of the local business community, search for new partners and ensure informational support for the company’s activities in Belarus.
Mechel’s representative office in the Republic of Belarus is located at Pashkevich St. 9, Minsk. Sergei Anatolyevich Dubinsky has been appointed the office’s director.
Mechel’s own international representative offices network is one of its key competitive advantages. Today the company’s foreign representative offices successfully operate in Japan, China, South Korea, Ukraine, Romania and Bulgaria.
Phone: + 7 495 221-88-88
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.