January 16, 2018 / 2:21 PM / a month ago

Russia's NLMK says shareholders to elect new president

MOSCOW, Jan 16 (Reuters) - Russian steelmaker NLMK said on Tuesday its shareholders will elect a new president of the company at an extraordinary meeting on March 12.

The meeting will be held by absentee ballot, it said in a statement.

It is a planned decision and it was initiated by NLMK’s current president, Oleg Bagrin, a representative of NLMK told Reuters. (Reporting by Anastasia Lyrchikova and Polina Devitt; editing by Vladimir Soldatkin)

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