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Magnitogorsk Iron and Steel Works and the MMK Group companies are demonstrating their products and technological capabilities at the 29th Metal Expo International Industrial Exhibition, which opens today in Moscow. Magnitogorsk Iron and Steel Works and the MMK Group companies are demonstrating their ...

... remotely from various parts of the country, can now sign electronic documents at the touch of a button. On average, this saves them between 15 minutes to an hour per document. On 28th July 2020, a national initiative was launched in Russia, allowing companies to transfer employee documentation management to an electronic system, thus helping increase efficiency and automating the process of working with documents. The experiment has attracted the particular attention of employers and business owners....

OJSC Magnitogorsk Iron and Steel Works ("MMK", or "the Company") (LSE: MMK) announces that a meeting of the MMK Board of Directors was held on 22 April 2016. The Board recommended that MMK’s Annual General Meeting of shareholders (AGM) approve dividends for the 2015 financial year in the amount of RUB 0.31 per common share of issued stock, and that the AGM set the cut-off date for eligibility to receive the dividend as the end of the business day on 7 June 2016. The...

Magnitogorsk has been excluded from the list of cities with the most polluted air in 2018, according to a report by the Russian Ministry of Natural Resources and Environment. Thanks to MMK's large-scale environmental programme, the Comprehensive Air-quality Index (CAI) indicator for the city will be reduced to a low level by 2025. The draft of the official report "On the State and Environmental Protection of the Russian Federation in 2018" was published on the Ministry's website. According...

OJSC Magnitogorsk Iron and Steel Works ("MMK") has been recognised as one of the top 10 most environmentally friendly companies in Russia’s energy and metals sector in H2 2016, according to ratings compiled by the Modern Media Research Institute and Live Planet TV. MMK took 10th place on the list and was the only company from the iron and steel industry in the top ...

... social initiatives of MMK Group, the total cost of social programmes and charity amounted to 1.04 billion roubles in the first half of the year. Of this amount, 753.5 million roubles went to the parent company while the remainder was allocated to other companies of the Group. About MMK MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation ...

... This is the second year in a row that the rating of procurement directors has been compiled, organised by the 'Association of Procurement Directors' and the rating agency RAEX (RAEX-Analytics). The list includes the heads of procurement departments of companies with annual revenues in 2016 - 2018 exceeding RUB 5 billion. This year, Pavel Vasev entered the Top 30 Best Directors. This is not the first time that MMK's procurement activities have been highly rated by experts. On several occasions in the ...

In 2018, the supply of metal products from Magnitogorsk Iron and Steel Works (MMK) to the automotive industry amounted to almost 550,000 tonnes, representing a new record for the Company. This result is higher than the previous record of annual deliveries to the automotive industry of 528,000 tonnes set in 2017. The automotive industry is one of MMK's most significant counterparties. For many years, the Company has been successfully implementing a strategy for the development of automotive sheet...

... vouchers to health resorts and recreation centres for employees and their families, housing, educational and youth programmes, maternity and childhood support programmes, and so on. Social and charitable work covers not only employees of the Group's companies, but also residents of Magnitogorsk as a whole. One of the most ambitious MMK-related development projects in Magnitogorsk is the construction of Attraction Park, initiated by Victor Rashnikov, the Chairman of MMK's Board of Directors. The 400-hectare ...

... of crude steel and 12.2 million tonnes of commercial steel products. MMK Group had sales in 2014 of USD 7,952 million and EBITDA of USD 1,607 million. Yandex Data Factory (YDF) is an international division of Yandex aimed at providing solutions for companies dealing with large sets of data. Yandex technologies – machine learning, image and speech recognition, deep neural networks, natural language processing – make it possible to analyse large volumes of data and identify the optimum solution....