Early Life
Vladimir Sergeyevich Lisin was born on May 7, 1956, in Ivanovo, Russia. His early life was marked by a modest upbringing, which instilled a strong work ethic. He began his career in 1975 as an electrical fitter in a Soviet coal mine, later working as a welder foreman. His passion for metallurgy led him to study at the Siberian Metallurgic Institute, where he earned a diploma in metallurgical engineering in 1979.
Rise to Success
Lisin's career progressed through various roles in the metallurgical industry. In 1992, he joined the Trans-World Group (TWG), a group of traders who gained control of Russia's steel and aluminum industry. After the partners split in 2000, Lisin received a substantial share of the firm and eventually achieved a controlling interest. He became the sole owner of Novolipetsk Steel (NLMK). Under his leadership, NLMK has become a dominant force in the global steel market.
Key Business Strategies
Lisin's business strategy has focused on long-term growth and efficiency, particularly in improving efficiency, cutting waste, and implementing advanced technologies. He invested in transportation and logistics, including stakes in port terminals, shipping companies, and freight operations. Lisin built a vertically integrated business model, which insulated his company from external shocks and ensured consistent profitability.
Philanthropy
Lisin has been involved in philanthropy and has supported educational institutions and charitable causes.