Belgium is weighing up concern for lost jobs at home with lost lives in Ukraine as it ponders relations with Russian oligarch & majority owner of NLMK Mr. Vladimir Lisin, after Ukrainian MP Mr. Alex Goncharenko cornered Belgian Prime Minister Mr. Alexander De Croo at the Munich Security Conference in February and urged him and the EU to blacklist the Russian steel tycoon, reports EU ObserverHe [Mr. De Croo] said the problem is that Mr. Lisin is responsible for a lot of jobs in Belgium and that these jobs are in areas which are already deprived, but he understands the situation and Belgium's veto on sanctioning Mr. Lisin is temporary, Mr. Goncharenko told EU Observer.Ukraine has evidence that NLMK supplied Uralvagonzavod, Russian tank-factory, and Russian state-owned company Sever, which is involved in production of Russian nuclear weaponry. "Russia has a war economy and NLMK is its largest metals supplier, so where else will Russian President Mr. Vladimir Putin get the steel and so forth for his military-industrial complex, added Mr. GoncharenkoNLMK does not supply Russia's Uralvagonzavod tank-making factory and does not have any contractual relations with this company and Russian operations of NLMK are not capable of producing steel intended for military application, its lawyers told EU ObserverThe PM understands the situation 'and Belgium is committed to align with EU sanctions as soon as possible and no later than the winding down period agreed is the correct version, his spokesman said.Existing EU sanctions include a ban on imports of some grades of Russian steel, with winding-down exemptions for old contracts valid until October 2024.Mr. Lisin's NLMK group owns two factories and a service center in Belgium. NLMK La Louvière focuses on the production of hot and cold-rolled coils with production capacity of 1.681 million metric ton of hot-rolled steel & 1.280,000 million metric ton of pickled steel. Located in Ittre, NLMK Clabecq produces steel plates with production capacity of 750,000 metric ton a year. NLMK Manage Steel Center provides a wide range of transformation services for Strip business of NLMK Europe with production capacity of its slitting line at 200,000 metric tons.The 66-year old Mr. Lisin was born in Ivanovo City and is majority shareholder of Novolipetsk Steel. Mr. Lisin got his first job in 1975 working as a mechanic in a Soviet coalmine, and after studying at the Siberian Metallurgic Institute got a job working as a welder foreman at Tulachermet Metals Works. He rose through the ranks to become section manager, shop manager in 1979 and deputy chief engineer in 1986. In 1992, he joined a group of traders Trans-World Group who won control of Russia's steel and aluminium industry. When the partners split in 2000, he received 13% of the firm and later achieved a controlling share. He rose to become Russia's richest man, with Real Time Net Worth of $ 24.2B, according to Forbes magazine.