BE Group appoints new Business Area Manager for Central and Eastern Europe

BE Group has appointed Nikolai Makarov as Business Area Manager, CEE. Nikolai Makarov has extensive and broad international experience of the steel industry. He joins BE Group from Finnish steel group Ruukki Construction.

CEE is one of BE Group’s three business areas and supplies customers in the Baltic States, Poland, Slovakia and the Czech Republic with products and production services. The business area also forms a key component in the entire Group’s product supply chain.

“We are happy to welcome Nikolai to BE Group. He has a very suitable background and the leadership qualities necessary to succeed in the tough but important markets of Central and Eastern Europe,” says the President and CEO of BE Group, Roger Johansson.

As Business Area Manager, CEE, Nikolai Makarov will also be a member of the Group Management team. He will start his new job on September 5.

For further information, please contact:

Roger Johansson, President and CEO,

tel.: +46 (0)733 188 758                       e-mail: roger.johansson@begroup.com

BE Group, listed on the Nasdaq OMX Stockholm exchange, is one of Europe's leading trading and service companies for steel and other metals. The Group has about 10,000 customers, primarily in the construction and engineering industries. BE Group provides various forms of service for steel, stainless steel and aluminium applications. In 2010, the Group reported sales of SEK 5.1 Bn. BE Group has more than 900 employees in ten countries, with Sweden and Finland being its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com

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