		+7(3519)24-23-88 Русский

About Us About Us Chairman’s remarks Looking into the Future MMK Group About the Group Group Structure List of MMK Subsidiaries Social Responsibility History Chronology Video Corporate Governance Сorporate Governance Governing Bodies Shareholder Structure General Shareholders Meeting Board of Directors Audit Committee Committee for Nominations and Remuneration Committee for Strategic Planning Committee on labor protection, industrial safety, ecology Management Board CEO (General Director) Corporate secretary Сorporate By-laws Charter Code of Corporate Governance The Provisions Approved by the AGM Provisions Approved by the Board Auditor Registrar Disclosure of Information Regular Reports (Information only in Russian language) Lists of Affiliated Persons (Information only in Russian language) Material facts Information Issue Documents (Information only in Russian language) The Information to be Provided to the General Shareholders Meeting The insider information includes the information regarding Report on payments to governments Payment Details For Buyers Production Products catalogue Production of Advanced Steels for Automotive Industry Information services Claim Handling Certificates of conformity For Suppliers Investors MMK in Brief Share Information Investor Tools Shares and GDR Dividends Analyst Coverage Depositary Bonds Financial and Operational Results IFRS financial statements IFRS financial statements RAS (Russian Accounting Standards) Financial Statements Financial and operating highlights RAS (Russian Accounting Standards) Financial Statements Financial and operating highlights Annual Reports and Presentations Annual Reports Annual Reports Presentations Interactive Annual Report 2009 Interactive Annual Report 2011 Sustainability Reports Presentations Interactive Annual Report 2009 Interactive Annual Report 2011 Sustainability Reports Capital Markets Day Financial Calendar Frequently Asked Questions Сontacts Press Centre News Projects Photo Gallery Events Manufacturing Social Sphere Subscribe Contacts Information Сorporate Secretary Contacts for Investors Contact for Customers Contacts for Suppliers Press Contacts Feedback

NEWS

MMK: COUNTERING THE PANDEMIC

18.05.2020

MMK Board Chairman Viktor Rashnikov and Governor of the Chelyabinsk region Alexey Texler spoke about anti-crisis measures in the region

The event was held in a video conference format and was moderated by the head of the Russian Union of Industrialists and Entrepreneurs (RSPP) Aleksandr Shokhin.

The meeting was devoted to the development of anti-crisis measures to support entrepreneurship in the Russian regions, as well as the activities of operational headquarters for countering coronavirus infection established at the RSPP's regional offices.

Mr Texler talked about specific steps to activate industrial production in the Chelyabinsk region, developed with the active participation of regional members of the RSPP.

In particular, he highlighted the need to continue working on major infrastructure projects and to increase the state demand for products fr om the machine-building and metallurgical industries. An example of such activity is the reconstruction of the airfield complex in Chelyabinsk and the construction of a new runway.

"It is important that the measures of support that the President of the Russian Federation spoke about, as well as the decisions that have been taken at the federal and regional level, are primarily aimed at preserving employment. It is also important to restore demand for our products. The metal and equipment we produce in the region are our core industry products. After the recovery of this demand, we will see the recovery of the regional economy," said Mr Texler.

It is also necessary to extend support measures provided to core enterprises to the suppliers who provided necessary components to these key enterprises. Today in the Chelyabinsk region, the number of these suppliers stands at about 2,000.

In addition, it is important to enable enterprises that receive loans at preferential rates to direct them not only towards paying salaries and replenishing working capital, but also to repaying current accounts payable. This will reduce the risks of non-payment chains, which can become an obstacle to the normal operation of the banking system.

Mr Texler praised the productivity of the RSPP and its cooperation with the regional government both in the development of anti-crisis measures, as well as through charitable assistance and support for medical institutions, local administrations and foundations.

Head of the RSPP in Chelyabinsk Viktor Rashnikov noted the openness of the government to discussing current issues and thanked the head of the region for his prompt response. "In total, RSPP members have developed 160 proposals related to tax and tariff policy, the operation of enterprises, labour and employment, expanding the list of industries affected by the coronavirus epidemic, and on separate measures of support for the defence industry and light industry. Many initiatives were supported by the governor and brought to the level of the Russian Federal Ministry of Industry and Trade and the Ministry of Economic Development," Mr Rashnikov said.

Mr Rashnikov also emphasised that the region still has the potential to implement investment projects planned before the pandemic, which means that measures are needed to provide tax incentives to industrial investors.

During the briefing, the governor of the Chelyabinsk region thanked MMK for providing significant charitable assistance to Magnitogorsk residents and advised large enterprises in the region to follow MMK's example in carrying out charitable activities.

"MMK is working hard to provide charitable assistance. We discussed this topic with the plant's management. Indeed, serious and largely unprecedented decisions were taken to support the residents of Magnitogorsk. This in many ways set an example for our other large enterprises and entrepreneurs: an example of how companies can organise social support measures and provide assistance to our citizens in such a difficult period, and without linking it to a specific company but focusing on the territory wh ere the company works," Mr Texler said.

In Magnitogorsk, the Metallurg charitable foundation, with the support of MMK and the city administration, has developed and implemented a social programme called We Stand Together since the end of March.

To date, more than RUB 73 million has been collected from companies and individuals in support of Magnitogorsk residents affected by the crisis and the coronavirus pandemic. Of this amount, approximately RUB 53 million has already been distributed to recipients.

Initially, the programme covered pensioners who live alone and do not have close relatives in Magnitogorsk and therefore cannot count on support from their relatives.

Following a decision by Mr Rashnikov, Chairman of the Board of MMK, the list of recipients was expanded to include low-income and other vulnerable categories of the population.

Today, in addition to pensioners who live alone, charitable assistance in the form of food packages and sets of personal protective equipment is provided to large families with an average per-capita income below the subsistence level, families with disabled children, single-parent families (single mothers receiving child support), group-III disabled individuals who live alone, and families with group-III disabled family members. In total, this amounts to nearly 26,000 individuals.

Back to the list

		NEWS CONTACTS SEARCH

MMK on social media: