HomeMaterials for 01.12.2010
01 December 201011:45

MMK tops Russia’s transparency list

OAO Magnitogorsk Iron & Steel Works (MMK) was rated second on Russia’s Top 90 companies list for the year 2010. The information transparency research (on the basis of which this rating was compiled) was carried out through the joint efforts of Standard & Poor’s and CEFIR (the Center for Economic and Financial Research). The only data used in the research were those obtained through the open media sources. The methodology of the analysis was devised by Standard & Poor’s and comprised 110 criteria grouped along three main sections: a company’s ownership scheme and the stockholders’
01 December 201010:07

MMK wins in environmental contest

OAO Magnitogorsk Iron & Steel Works (MMK) was pronounced the winner of the 6th All-Russian contest on Conservational Activity Leadership. The contest was organized within the framework of the 6th All-Russian environmental conference New National Environmental Policy Priorities in The Real Sector. MMK’s management received the Environmental Safety medal. MMK’s capital spending on the construction of the new and the renovation of the existing conservational facilities amounted to nearly 9 billion RUR between 1999 and 2009. The company now directs over 1 billion RUR to conservational