Igor Zyuzin Net Worth is$1.8 Billion
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Nickname: Igor V. Zyuzin
Nationality: Russia
Date of Birth: 1960-05-29
Place of Birth: Kimovsk
Igor Zyuzin Net Worth: Igor Zyuzin is a Russian businessman who has a net worth of $1.8 billion. He has amassed his net worth through one of the leading mining and metallurgical companies in Russia called Mechel, where he is the Chairman of the Board of Directors and a major shareholder. Born Igor Vladimirovich Zyuzin on May 29, 1960 in Kimovsk, Tula Oblast, he took two diplomas (one in mining and economics, and other in technical sciences) from the Tula Polytechnic Institute. He started his professional career in 1987 working at the mine Raspadskaya, which he left some six years later because of disagreements with the new management, headed by Gennady Kozlov. It was in 2003 that he founded Mechel, which has evolved into a producer of coal, iron ore, nickel steel, rolled steel products, hardware, as well as heat and electric power. With headquarters in Moscow, the company also has active operating facilities in Russia, Lithuania, Kazakhstan, Bulgaria, Ukraine, United Kingdom and the United States. As of today, it owns more than 20 plants and coal mines worldwide. Ever since March 2003, has been controlling the company as Chairman of its Board of Directors. He has also been serving as the CEO and Director from December 2006. After Mechel lost some $550 million (with $9.1 billion in debt) during the first months of 2012, Zyuzin was forced to sell several assets of company, including factories in Romania, a wire mesh maker in Lithuania called Mechel Namunas, and the nickel producer Yuzhuralnickel. Apart from his duties at Mechel, M. Zyuzin holds the Chairman position at the Board of Directors of Southern Kuzbass Coal Company as of May 1999. In the period from 1997 and 1999, he was also the Chairman of the Board of Directors of Mezhdurechensk Coal Company, and currently he is a member of the board of Kuzbass Central Processing Plant.
Igor Vladimirovich Zyuzin (Russian: ??????? 3/4 ???? ???>>?????,??? 1/4 ?,??? 3/4 ???,?? ?????????,? 1/2 ; born May 29, 1960) is a Russian businessman, Chairman of the Board of Directors and a major shareholder of the mining company "Mechel".


Zyuzin was born in Kimovsk, Tula Oblast on May 29, 1960. In 1982, he graduated from the Tula Polytechnic Institute. He received two diplomas of engineer in the field of mining and economics, as well as the degree of Kandidat of technical sciences. In 1987 he began working at the mine Raspadskaya, but left the mine in 1993 because of disagreements with the new management, headed by Gennady Kozlov. In 1995, together with Vladimir Iorich organized a trading company "Uglemetkooperatsiya. In 2001, the businessmen bought a controlling stake in the Chelyabinsk Steel Plant (now the "Mechel"). In 2004 the group "Mechel" has posted a 10% stake in the New York Stock Exchange (market capitalization was $ 2.9 billion). In 2006, bought the entire package (40%) from Vladimir Iorich.
Igor Zyuzin has been the CEO and Director of Mechel from December 2006. Since March 2003, when Mechel was formed, he held the position of Chairman of the Board of Directors. From May 1999 to December 2006, Zyuzin was also the Chairman of the Board of Directors of the Souther Kuzbass Coal Company. From 1997 to 1999 Mr. Zyuzin held the position of Chairman of the Board of Directors of the coal company Mezhdurechenskugol, which was merged into the Southern Kuzbass Coal Company, and was a member of the Board of Directors of the Kuzbass Central Processing Plant.

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Igor Zyuzin Latest News

UPDATE 2-Russian miner Mechel says stronger results support debt reduction

Before reaching restructuring agreements on the bulk of its debt last year, the company controlled by businessman Igor Zyuzin was facing bankruptcy. Mechel Chief Executive Oleg Korzhov said that increases in prices for coal and steel, its two main products ...
Posted: April 26, 2017, 10:23 am

Higher coal prices help Russia's Mechel swing to Q3 net profit

The company, controlled by businessman Igor Zyuzin, has restructured the bulk of its debt since then but is yet to start major debt repayments. "Prices for our coal products remain comfortable both domestically and internationally," Chief Executive Oleg ...
Posted: November 27, 2017, 9:59 pm

In economic crisis, Putin helps a mogul he once attacked

MOSCOW: Last month, three major banks rescued industrialist Igor Zyuzin's coal and steel firm Mechel from what would have been Russia's biggest ever corporate collapse. The bailout was unusual in a country where so many decisions often lead back to ...
Posted: July 14, 2016, 3:52 pm
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