Maxim Mokritskiy has been named as a new head of the Alchevsk Steel Plant (AMK), the head of the LPR Trade Union Igor Ryabushkin said.

"Maxim Igorevich Mokritskiy has been appointed manager of the Branch No.12 of the Vneshtorgservis closed joint stock company, he is also deputy Director General of production," Ryabushkin said.

Earlier Mokritskiy was AMK principal deputy manager and the enterprise's leading engineer.

Mokritskiy was born Alchevsk, and graduated from the Donetsk State Technical Institute, began his career as an engineer of the AMK production department.

The LPR and DPR leaders, Leonid Pasechnik and Denis Pushilin earlier said in a joint statement that the authorities had finalized the talks with an investment group over the funding and development of metallurgical and coke plants managed by the Vneshtorgservis company.

The Donbass Republics leaders said that the “new investor had pledged to pay the outstanding wages to active Vneshtorgservis employees.

The new AMK investor has already cleared the wage arrears for January and part of February. *t