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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 19, 2018

We are delighted to invite analysts and investors to Severstal’s 2018 annual Capital Markets Day, which will be held on 7 November 2018 in London.

October 19, 2018

Severstal announces its Q3 & 9M 2018 financial results for the period ended 30 September 2018.

October 18, 2018

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 a dividend of 44.39 roubles per share for the three months ended 30 September 2018.

October 08, 2018

PAO Severstal — one of the world's leading vertically integrated steel and mining companies, announces that Severstal Ventures, which was set up by Severstal to support venture projects developing new production technologies and materials, has invested in Chrysalix RBV GP Ltd. (Chrysalix RoboValley).

September 24, 2018

PAO Severstal has begun commissioning works a 1bn rouble investment project to replace compressors at the Cherepovets metallurgical plant (CHerMK).

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