M.Hardikov has been appointed CEO of En+ Group

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AK&M 21 December 2023 15:05

The Board of Directors of MKPAO En+ Group approved the appointment of M.Hardikov to the position of General Director of the company from January 1, 2024 in connection with the departure of V.Kiryukhin from the position of General director from December 31, 2023. This is stated in the message of the company.

EN+ Group is a vertically integrated producer of aluminum and electricity. EN+ Group's net profit for the first half of 2023 decreased by 63.2% to $662 million from $1.8 billion a year earlier. Revenue decreased by 12.5% to $7.28 billion. The revenue of the metallurgical segment decreased by 16.9% to $5.9 billion. The revenue of the Energy segment increased by 13.8% to $2 billion. Adjusted EBITDA decreased by 56% to $1.05 billion.