Transcript Efficient social investments in Russia

Efficient social investments in Russia:
OAO Severstal experience
24.09.2010
Presentation by: Maria Medvedeva
Head of External Communications
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300 miles to the North from Moscow
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1993 -
Cherepovets
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17 Years Later - Global Operations
Neryungri
Olenegorsk
Vorkuta
Chita
Berezitovy
Ulan Ude
Kostomuksha
Saint Petersburg
Dearborn
Friedens
Warren
Wheeling
Columbus
Sparrows Point
Paris
Brescia
Cherepovets
Moscow
Orel
Semey
Volgograd
Dnepropetrovsk
Uаgadugu
Zwedru
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Overview 2009
• Over 90,000 employees across the globe.
• Public company listed on the London and Moscow Stock
Exchanges.
• Steel producer: ranking 1st among Russian companies, 2nd in
Italy, 4th in the US.
• Gold producer: ranking 2nd in Russia.
• Revenues of $13.05 bn. and EBITDA of $844 M.
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Corporate Social Responsibility
Priorities:
– Industrial Safety and
Environmental Protection
– Development and Social
Support of Personnel
– Contribution to Social and
Economic Development in
Regions of the Company’s
Presence
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The number of orphans in Russia
740,000
3%
of the total child population
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"Road Home”: Start of the Project
2006, Cherepovets
prevention of Child Neglect and Social Orphanhood,
finding homes for orphans
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2009
• 5,000+ calls to the Child hotline in Cherepovets
• Responded to over 800 threats to child safety
• Achieved 67% reduction in the number of children sent back
to orphanages
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"Road Home”: Development in 2009
The Project grew into a long-term regional program
Vologda Regional
Government
Foundation for the
Support of Children in
Difficult Life Situations
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Consolidated Budget of the Program in 2009
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The total number of the unemployed in Russia
6,2 MLN
8,2%
of all employable population
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Cherepovets – “Mono-town”
Non-Commercial Partnership
“Urban Development Agency”
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«Urban Development Agency»: Start of the Project
1999, Cherepovets
Support and development of small and medium
businesses
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«Urban Development Agency»: Activity Directions
Educational programs
Free of charge training on the conduct of owning a
business, workshops and exercises for entrepreneurs
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«Urban Development Agency»: Activity Directions
Information support
Advising entrepreneurs on legal,
economic and other issues
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«Urban Development Agency»: Activity Directions
Property support
Provision of finished office space on preferred terms
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«Urban Development Agency»: Activity Directions
Support in the development of a business environment
Exhibitions, competitions, “roundtables”, business
meetings, forums
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«Urban Development Agency»: Activity Directions
Financial support
Grants to new entrepreneurs for up to $9,500 and
subsidies on loans taken out for business
development
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«Urban Development Agency»: Results of 2009
• 2,885 new jobs created.
• 661 businesses set up
• 1,170 first-time entrepreneurs trained.
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Thank you for your attention!
I’ll be pleased to answer your questions
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Achieve more together
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