Press-releases

NLMK Group, a global steel company, continues to offer support to local communities in the regions where it operates and to provide social assistance to current and former employees.

The Mercy (‘Miloserdiye’) Charitable Foundation, NLMK Group’s charity partner, is to allocate 500 million rubles to support the regions in which the Company operates in containing the spread of the novel coronavirus COVID-19.

Due to the COVID-19 outbreak, all NLMK Group employees over the age of 65 in Russia have been asked to stay at home.Employees of an advanced age have the choice of working from home or taking a paid vacation or quarantine leave until 30 April 2020. The end date could change, based on how the situation develops.

NLMK Group has launched a ‘virtual assistant’ pilot: a digital service for real-time interaction with suppliers and optimization of standard supply chain operations.

NLMK Group has launched NLMK.lab, a new internet platform, designed to attract partners for joint innovation projects. This platform offers a convenient channel for developers to reach out to end business customers, and hands-on peer-review of their project. The best solutions will be field-tested at NLMK Group's production sites around the world.

Over the first seven months of the year, 753 efficiency improvement initiatives have been adopted at NLMK Kaluga, a new generation EAF plant, part of NLMK Group's Long Products division. Economic gains from employee-initiated improvements exceeded RUB 230 m.