OREANDA-NEWS. NSSMC will make an organizational reform related to overseas businesses development as of July 1, 2015, to further enhance the competitiveness on overseas business, based on "Promote Global Strategy" which is one the major policies of the 2017 Mid-term Management Plan, as follows:

1.Reorganization details
• The Global Business Development Sector will be established.
• The present functions of the Overseas Business Development Division will be reorganized into the Global Business Development Division and the Global Business Support Center. The two organizations will be placed under the Global Business Development Sector.
• Usiminas Project, Shanghai-Baoshan Cold-rolled & Coated Sheet Products Project, and India Continuous Annealing and Processing Line Project will be positioned under the sector, as well as VSB Project will be established under the sector.

2. Main objectives of the reorganization
(1) Enhance the organizational capability to support the implementation of overseas businesses and projects
(2) Organizational accumulation of management knowledge, skills, and know-how, as well as human resource development related to overseas businesses development
(3) Reinforcement of organizational capability related to regional business strategy functions across each product-based business unit through supporting activities for the individual overseas businesses and projects
(4) Reinforcement of the organizational functions for promoting specific projects.