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Social Policy

Personnel Development and Social Support

The Company views its personnel as priority business partners and seeks to  build relationships with them on a solid foundation of mutual respect, trust, and mutual responsibility, as well as shared values and goals.

Severstal’s personnel policy, driven by its corporate values, is oriented towards supporting the Company’s business strategy through career advancement and ramping up the personnel’s input, encouraging them to take up the Company’s key strategic challenges, viz. increasing customer satisfaction and upgrading business processes.

The basic principles of, and approaches to the social support of personnel are regulated by so-called collective agreements adopted at the Company’s business units. Each and every person duly employed by PАО Severstal shall be  entitled to the benefits of its corporate social package.

The Company opens to its personnel a wide scope of opportunities for their personal development and climbing up the career ladder. Consistent work is underway, aiming at identification of the personnel’s training needs and  reifying of personnel skills and competencies buildup schemes.

Social Investment

The Company’s outward social investments are a valuable contribution to the social, economic, and cultural development across its business geography, addressing most burning social issues. Severstal intends its dedicated strategic investments and contributions as the fuel of its sustained growth in  a favorable social environment. Engaging in social activities, Severstal closely coordinates  its effort with local authorities, the expert community, and the broader public.

Severstal’s charity programs span across the key trends of development of  the social infrastructure. The Company bankrolls the renovation and upgrading of polyclinics, hospitals, schools and crèche kindergartens within its  footprint. Severstal’s finance supports higher and secondary special education, and tangibly contributes to keeping afloat local culture and sports. The  Company is always prepared to lend a helping hand to war and labor veterans, and disabled persons.

OAO Severstal News
January 19, 2018

PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrat¬¬ed steel and steel-related mining companies, today announces its operational results for Q4 2017 & FY 2017.

December 29, 2017

PAO Severstal, one of the world's leading vertically integrated steelmaking and mining companies, has launched a production line for polymer coated rolled steel products at Cherepovets Steel Mill Metal Coating Workshop number 3 (“MCW#3”).

December 20, 2017

Alexey Mordashov, the Chairman of the Board of Directors of PAO “Severstal” and the Company’s leadership team visited production departments of the Yakovlevsky mine, and approved next year’s business plan , while meeting employees of the plant.

November 29, 2017

Alexey Mordashov, Chairman of the Board of Directors of Severstal, one of the world's largest vertically integrated steel and mining companies, has been named Chairman of the Board of Directors: development of corporate governance at the Director of the Year Awards.

November 29, 2017

PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, and Nord Gold SE, the internationally diversified gold producer, announce that they presented at the 2017 UN Forum on Business and Human Rights on November 27−29 in Geneva.

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