TMK announces the appointment of Alexander Lyalkov, Senior Vice-President of TMK, as Managing Director of Volzhsky Pipe Plant. Elena Blagova, Managing Director of Volzhsky Pipe Plant since 2007, shall join TMK Management Company to take responsibility for new projects.
Alexander Lyalkov has over 30 years of experience in metals industry. He worked at the plant from 1980 to 2006, in charge of manufacturing processes from 1998. Mr Lyalkov was appointed General Director of the plant in 2002, to become Managing Director in 2004. Since August 2006, he has been working at TMK Management Company.
Alexander Shiryaev, TMK CEO, said, “Over the recent years, Volzhsky Pipe Plant has come a long way in developing its production processes and social platform, which is an undisputable achievement of Elena Blagova. Under her leadership, the plant has almost completed the modernization of its production facilities in line with TMK’s Strategic Investment Programme, implementing cutting-edge technologies and offering new products demanded by our customers. At present, Volzhsky Pipe Plant is one of Russia’s leading pipe manufacturers and a flagship of TMK. Alexander Lyalkov has a strong track record in industrial production management at TMK, a global company today. It will help him to move to a new level in improving efficiency and bringing up the technological capacity of the plant in accordance with the corporate development strategy.”TMK gets approval for amending terms of $500 million Eurobonds
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