UrBC, Yekaterinburg, February 5, 2020. ChelPipe Group’s Board of Directors adopted the company’s development strategy for 2020-2024 and proposed two candidates for the positions of independent representatives. The candidates will have to be approved of (or otherwise) at the upcoming shareholder meeting, the company’s press service reports. ‘The company’s new strategy aims to ensure consistent and sustainable business development through transforming ChelPipe Group into a customer-oriented company. The strategy dwells on increasing high value-added product supply, gradually building the shares

UrBC, Yekaterinburg, February 5, 2020. Ural Airlines sent a batch of breathing masks to China: these will be handed out at the country’s airports free of charge, the air carrier’s press service reports. ‘China has been facing breathing mask shortage since the outbreak of novel coronavirus (2019-nCoV) in the country. Locals are forced to think outside the box and resort to makeshift solutions,’ the company says. The airline says all of Ural Airlines’ planes are already packed with breathing masks as well; these are available upon request as well as given out to every passenger showing any

UrBC, Yekaterinburg, February 5, 2020. OOO FORES spent twice as much money on environmental projects at its four branches in 2019 as it did in 2018 (the increase went from RUB 89.9m in 2018 up to 166.7m in 2019), the company’s press service reports. According to the company representatives, the filtering facilities upgrades helped keep the plant’s dust emissions at existing levels (which is about 66% below the maximum permissible discharge). ‘We enlarge the share of our environmental investments on a regular basis. In 2018, for example, the increase against 2017 came to 25%. Last year’s

UrBC, Yekaterinburg, February 5, 2020. EVRAZ West-Siberian Metal Plant (EVRAZ ZSMK) managed to save some RUB 400m thanks to a set of energy efficiency-boosting measures last year. According to EVRAZ Holding Siberia’s Corporate Communications Center, the programs adopted at West-Siberian Power Plant and the plant no longer doing the power transit through other companies’ grids played the key role in the process. ‘Ferrous metallurgy is an energy-intensive industry; energy resources amount to 6% to 7% of total production costs (over 20% if you account for process fuel), so we keep working on

UrBC, Yekaterinburg, February 5, 2020. The Board of Directors at Chelyabinsk Pipe Rolling Plant (ChelPipe Group) adopted a new dividend policy, the Group’s press service reports. The Group intends to pay the dividends at least twice a year in order to increase the company’s shareholder value and ensure more profit for the shareholders. The amounts will vary depending on the company’s current debt burden so as to let the business remain financially stable and to account for the Group’s CapEx needs (namely, strategic investment projects). The Group will direct at least 100% of its net profit