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... childhood” in recognition of the Company’s achievements in the area of corporate social responsibility in 2011. The annual award, which is granted by the Russian Union of Industrialists and Entrepreneurs, uses a rating system designed to recognize companies that support sustainable development corresponding to long-term economic interests of the business. The awards ceremony was held on 7 February 2012 as part of the annual “Week of Russian Business 2012” forum organized by the Russian ...

Magnitogorsk Iron and Steel Works (MMK) has employed a digital assistant within the Company's commercial department. The tool, which is based on the Naumen platform, promptly processes requests from inside the Company as well as from external suppliers and provides up-to-date information about the procurement process. Magnitogorsk Iron and Steel Works (MMK) has employed a digital assistant within the Company's commercial department. The tool, which is based on the Naumen platform, promptly processes...

... will help provide capital construction projects, including large public infrastructure projects, with high-quality steel construction products. The agreement provides for cooperation on a wide range of issues to provide the Association’s member companies with MMK’s rolled metal products. The cooperation will cover both operational issues and prospective work on market trends and progressive technologies, ways to improve methodological documentation and regulatory framework, as well as improved ...

... freight transportation." According to him, "MMK and Traft are acting as visionaries in this project, contributing to technological progress throughout the industry by setting an example of how advanced innovations can benefit business. Other companies will soon follow suit." About MMK Magnitogorsk Iron & Steel Works (MMK) is one of the world's largest steelmakers and a leading Russian metals company. The company's operations in Russia include a large steel producing complex encompassing ...

Magnitogorsk Iron and Steel Works (MMK) was awarded a certificate by the United Nations Industrial Development Organisation (UNIDO) for its contribution to sustainable development and environmental initiatives in the Chelyabinsk region, as well as for the successful implementation of its 'Energy Management of Industrial Enterprises' programme. UNIDO is a specialised agency of the United Nations, whose main objective is to promote sustainable industrial development. The representative functions...

... aid to disadvantaged citizens of Magnitogorsk. Global Metals Awards is an annual awards ceremony hosted by information agency S&P Global Platts to commend “the best-of-the-best in the industry” (according to GMA web page) among metals and mining companies all around the world. In 2021, MMK received an award in the Corporate Social Responsibility category for the measures the Company undertook during the first waves of the COVID-19 pandemic that hit Magnitogorsk in 2020. “The situation we were ...

... and implementation of a production logistics data system, allowing for a significant increase in productivity. The prize was awarded at the end the forum held in Moscow on November 13-16. Competition winners include leading Russian metallurgical companies and research teams that have developed and successfully introduced new technologies, as well as mastering the production of new types of metal products. The production logistics data system for a full-cycle metallurgical enterprise was a joint ...

... the 12th version of Oracle EBS into MMK’s corporate information system, as well as those of the United Service Company (USC) and MMK Metiz. The project requires the participation of both management and specialists from all structural units of the companies involved. The project manager from MMK is its Director for Economics Andrey Eremin. “Since the start of 2018, the team has been working hard alongside Oracle consultants on the transition to the new corporate information system - on its configuration,...

... and corporate governance (ESG) performance. Last year, AK&M assigned MMK a reporting rating of RESG 2, upgrading it after more in-depth disclosure in 2021, to the highest rating category (numerical score of 84.6 points, one of the highest among the companies participating in the rating). "Being one of the largest metallurgy companies, MMK closely links its strategy with the principles of sustainable development and publishes its reports in accordance with the best international practices according ...

PJSC Magnitogorsk Iron and Steel Works (“MMK”) has been recognised as Russia’s best employer by US magazine Forbes, which published its first-ever rating of the most attractive companies to work for on 10 October. MMK was the highest-ranked of four Russian companies included in Forbes’s list of the 500 World’s Best Employers, in 214th place. The rating was compiled based on the annual Forbes Global 2000 list of the world’s ...