Magnitogorsk Iron & Steel Works wins in all-Russian social efficiency contest

18 February 2008 (09:21)

Magnitogorsk Iron & Steel Works (MMK) won in the all-Russian contest on organization of greater social efficiency in the country in 2007. MMK was given a third-degree diploma in the Implementation of Social Programs category, the company’s PR Department reports.

The contest is coordinated by the Russian Federation Ministry for Economic Development and Trade, the Ministry for Healthcare and Social Development, and some executive authorities as well as employers’ unions and trade unions. The competition has been held annually since the year 2000 in order to draw the public’s attention to acute social issues, to present the best examples of great social efficiency, and to share and promote the positive experience in the field.

MMK has won in the contest a number of times, receiving diplomas in categories like Personnel Qualification, Training, and Retraining, Workers’ Pay and Social Benefits, Conservational Activity and Resource-Saving, Metallurgy, and Social Project Achievements.

Last year, the enterprise spent about 1 billion RUR on social welfare programs.

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