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MT Maire Tecnimont SpA

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Share Name Share Symbol Market Type
Maire Tecnimont SpA BIT:MT Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Mittal Steel Named General Motors' Global Supplier of the Year

04/05/2006 2:42pm

PR Newswire (US)


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LONDON and ROTTERDAM, May 4 /PRNewswire-FirstCall/ -- Mittal Steel Company N.V. (NYSE:MT) ("Mittal Steel") has been named a General Motors Supplier of the Year for its overall business performance in 2005. The recognition came Saturday at GM's Vehicle Engineering Center at the General Motors Technical Center in Warren, Mich. "We consider Mittal Steel to be a role model for all suppliers," said Bo Andersson, vice president of Global Purchasing and Supply Chain. "They are recognized as a GM Supplier of the Year because they exceeded our expectations in 2005. "Mittal Steel is one of the best in the world and we thank them for their hard work and commitment to helping make GM vehicles the best in the world." "General Motors has long been recognized within our industry as a demanding global manufacturer, dependent on the highest quality products and excellent delivery performance. As such, it is a tremendous honor to be recognized by GM as their Supplier of the Year," said Lakshmi N. Mittal, Chairman of Mittal Steel. "The award reflects our position as one of the highest quality steel producers in the world and is a testament to the dedication and expertise of our employees, who are focused on ensuring we continue to develop, produce and deliver steels of the highest quality to our customers." The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 85 suppliers for their outstanding performance throughout 2005. "Mittal Steel provides a full line of steel products to GM, including innovative dual-phase steels that enable GM to produce vehicles that offer higher levels of passenger safely while simultaneously improving fuel economy," said Michael G. Rippey, executive vice president of sales & marketing for Mittal Steel USA, who accepted the award on behalf of the global company. "GM also sets high standards for quality, delivery and service. Our employees are to be congratulated for meeting or exceeding these standards." About Mittal Steel Mittal Steel Company (NYSE:MT)(AEX:MT) is the world's largest and most global steel company. The company has operations in 16 countries, on four continents. Mittal Steel encompasses all aspects of modern steelmaking, to produce a comprehensive portfolio of both flat and long steel products to meet a wide range of customer needs. It serves all the major steel consuming sectors, including automotive, appliance, machinery and construction. For 2005, Mittal Steel had revenues of US $28.1 billion and steel shipments of 49.2 million tons. The company trades on the New York Stock Exchange and the Euronext Amsterdam under the ticker symbol "MT." DATASOURCE: Mittal Steel Company N.V. CONTACT: Paul Weigh, Mittal Steel Company, T: +44-207-543-1172; Dave Allen, Mittal Steel USA, T: +1-312-899-3692

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