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31.05.07

Magnezit group Ltd. entered EUROMINES – European Association of Mining Industry, Metal Ores and Minerals of Industrial of industrial scale

In May Magnezit Group Ltd. entered the organization EUROMINES as an associated member. EUROMINES is recognized representative of European mining industry. And according to the letter of the general secretary statute of an associated member «gives the right for full participation in all kinds of Euromines activity».

On May 13. a regular congress of magnesite producers took place in Istanbul in the framework of EUROMINES activity. Magnezit Group Ltd participated for the first time and was represented by the chiefs of the company: Chairman of the Board of directors Mr. Vladimir Dunayev, General director Mr. Sergei Odegov, director of the plant Dalmond Feuerfest Siegburg GmbH & Co. KG (Germany) Mr. Dmitry Borzov.

«The main goal of this organization consists in development of the magnesite branch of industry and in strengthening of business relations with European organizations of all levels, — pointed out Chairman of the Board of directors of Magnezit Group Ltd. Vladimir Dunayev., — Besides EUROMINES establishes contacts with other players of the world mining community and participation of our company in this organization is prestigious and strategically correct.»

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