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Norilsk Nickel CEO says no job cuts in Russia

Mon Mar 2, 2009 11:52pm EST

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BEIJING, March 3 (Reuters) - Russia's Norilsk Nickel (GMKN.MM), the world's top producer of nickel, is not planning to cut any jobs in Russia even as sales this year are expected to be half their 2008 level, CEO Vladimir Strzhalkovsky said on Tuesday. Speaking in Beijing, he also said that Norilsk was not currently considering a merger with iron and steel firm Metalloinvest or any other major player.

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"Right now there are no serious plans for a merger between Norilsk Nickel and anybody else, but I can't rule it out in the future," Strzhalkovsky said. (Reporting by Tom Miles; Editing by Ken Wills)

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