Lenzing AG, a global leader in regenerated cellulose fibers, announced on September 3, 2025, the appointment of Milena Ioveva as Vice President of Corporate Communications, Sustainability, Investor Relations and Public Affairs. Based in Austria, Ioveva will report directly to CEO Rohit Aggarwal. The newly created role underscores Lenzing’s commitment to strengthening its global market positioning, enhancing its capital markets engagement, and advancing the global sustainability agenda.
Ioveva brings over 20 years of experience in driving businesses toward improving total value for diverse stakeholders, with extensive expertise in transformation processes, capital markets, communications, and sustainability. Previously, she served as Company Spokesperson at PORR AG, leading Group Communications, Strategy, Investor Relations, and Sustainability functions. She holds a Master’s degree in Business Administration from Vienna University of Economics and Business.
“We are thrilled to welcome Milena to Lenzing,” said Rohit Aggarwal, CEO of Lenzing AG. “As Lenzing continues to evolve its business internationally, effective communication with all our stakeholders will be of paramount importance. Milena’s proven track record of driving value in transitions, combined with her extensive expertise in capital markets and strategic positioning, will be instrumental in realizing our ambitious vision.”
“I can’t think of a stronger motivation to work for a company at the forefront of responsible fiber innovations,” said Milena Ioveva. “I see this as an opportunity to broaden Lenzing’s impact in a rapidly evolving global landscape and to contribute to a remarkable value creation journey. I also feel privileged to work with such a talented team to pioneer solutions that deliver greater value, efficiency and sustainability.”
Lenzing AG is known for its high-quality fibers used in textiles and nonwovens, with a strong focus on sustainability. The company has a science-based climate action plan to reduce greenhouse gas emissions (Scopes 1, 2, and 3) by 2030 and a net-zero target by 2050, aligning with the Paris Agreement. In 2024, Lenzing reported revenue of EUR 2.66 billion, nominal fiber capacity of 1,110,000 tonnes, and 7,816 employees. Its brands include TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™, and REFIBRA™. More information can be found at www.lenzing.com.
This appointment signals Lenzing's intent to integrate corporate communications, sustainability, and investor relations under one leader, enhancing stakeholder engagement and driving the company's sustainability goals. The move is particularly significant as Lenzing continues to innovate in the textile industry, promoting a circular economy and responsible production. The press release is available at www.newmediawire.com.
