Tag «Aditya Mittal»

ArcelorMittal Europe reports €122m operating profit for Q4 2014

 Luxembourg, 13 February 2015 ArcelorMittal Europe today announced its results for the fourth quarter ended 31 December 2014. The segment recorded an operating profit of €122m compared with an operating loss of €396m for Q4 2013. ArcelorMittal Europe has reported an operating profit in all four quarters of 2014, with the business realising the benefits …

ArcelorMittal Europe reports €125m operating profit for Q3 2014

Luxembourg, 7 November 2014 – ArcelorMittal Europe today announced its results for the third quarter of 2014. The segment recorded an operating profit of €125m, compared with operating loss of €139m for Q3 2013. This marks the third successive quarter ArcelorMittal has reported a profit in Europe, following six successive quarters of losses as a result …

Sudhir Maheshwari to leave ArcelorMittal

28 October 2014 ArcelorMittal announces today that Sudhir Maheshwari, member of the Group Management Board, with responsibility for corporate finance; mergers, acquisitions and divestments; risk management; and India and China, is leaving the company to pursue other opportunities effective 31st March 2015. Sudhir first joined the company in 1989 in Trinidad & Tobago.  He held various …

ArcelorMittal Europe reports €58m operating profit for Q1 2014

9 May 2014 – ArcelorMittal Europe today announced results for the first quarter of 2014. The segment recorded an operating profit of €58 million for the first three months of 2014. This compares with an operating loss of €396 million in Q4 2013. Comparable operating performance for Q4 2013 was impacted by impairment and restructuring …

64 CEOs of the European steel industry sign an open letter to the EU Heads of State and Governments

It can work. Climate Objectives, industrial growth and Jobs are compatible. #EUCO 20-21 March 2014               On 20/21 March, the EU Heads of state and governments will discuss about EU industrial competitiveness and energy and climate targets. “We all share the ambition to find an effective response to climate change. However, hopes for the …

ArcelorMittal announces changes to organisational structure

Luxembourg, 11 December 2013 – ArcelorMittal today announces it has reviewed its organisation with the aim of simplifying it. As a result, it has been decided to manage the business according to region, while also maintaining the product specialisation within those regions.  This will enable the businesses to continue to have their own dedicated strategy and …