Statement from the Chairman of the Board of Directors of PJSC Magnitogorsk Iron and Steel Works (MMK) Victor Rashnikov in connection with the decision of the President of the Russian Federation

In the first hours after the terrible tragedy that occurred in Magnitogorsk on 31 December 2018, MMK joined the search and rescue operation and recovery efforts. More than a hundred of our employees worked around the clock at the scene of the accident along with our specialised equipment. In addition, to date, MMK has donated around 100 million rubles to the victims, as well as to the dedicated fundraising account opened by the government of the Chelyabinsk Region, to provide targeted and timely support and to solve urgent needs.

We support the proposal of the Russian President, Vladimir Putin, on the need to relocate residents of the building. MMK is ready to take part in funding the proposed activities.