|
|
Company ProfileMETALLOINVEST is one of Russia’s leading steel and mining holding companies. • The owner of the largest deposits of iron ore in the world Leadership of METALLOINVEST Holding is based on: • innovations As the leaders in their fields, the Holding’s enterprises form an integrated value chain, embracing all cycles of the mining and steel industry from production of iron ore to output of products of higher degrees of processing. The structure of the Holding’s main assets is supplemented by auxiliary enterprises, including a secondary metal processing business (UralMetCom), a transport company (Metalloinvesttrans) and a leasing company (Metallinvestleasing). The Holding’s assets are managed on the basis of coordinated investment, production and trading policies, thus allowing sustained development of Holding’s companies, stable supplies and capacity to satisfy clients’ needs in a fast paced market. One of the main tasks of the management of METALLOINVEST is to increase the Holding’s capitalization by ensuring intensive development of the enterprises that make up the Holding. A key element of METALLOINVEST’s development strategy assumes an increase in the production of high value added products. For this purpose, a large-scale programs of technological renovation have been launched at the Holding’s subsidiaries, and modern technologies are being introduced, allowing the product quality and its competitive ability to be significantly raised, the current production rate to be increased and the Holding’s environmental safety obligations to be fulfilled. The Holding traditionally maintains the highest degree of social responsibility. Being the cities’ major employers and taxpayers, the enterprises of the Holding play the crucial role for the regions’ economical prosperity. One of METALLOINVEST’s basic operating principles is an integrity that will allow the development of a sustainable social environment in the country, in the region and at the enterprise. On the other hand, the expansion of social programs is impossible without concurrently increasing profits but without decreasing productivity. Therefore, METALLOINVEST is steadily working at improving its operating and financial results, as well as actively developing its infrastructure and participating in the solution of social issues in the regions where the Holding is present. The Company’s managers and shareholders have linked the future of METALLOINVEST with development of the mining and steel-making industry of Russia and with the economic interests of the country. |
|
||