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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
October 18, 2017

The Board of Directors of the World Steel Association (Worldsteel) has elected Alexey Mordashov, Chairman of PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining

October 18, 2017

PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q3 & 9M 2017 financial results for the period ended 30 September

October 17, 2017

The Board of Directors of Severstal («Severstal», «the Company») (LSE: SVST; MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, is recommending

October 12, 2017

Cherepovets Steel Mill, one of the world’s largest integrated steel plants (part of Severstal’s Russian Steel division), has launched the commercial operation of a digital predictive model to prevent failures at the hot rolling mill 2000 and thereby reduce its downtime.

October 10, 2017

PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q3 & 9M 2017.

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