HomeMaterials for March 2009 yearPage 6
02 March 200910:07

MMK spends over 1 billion on social welfare in 2008

Magnitogorsk Iron & Steel Works (MMK) spent over 1 billion RUR on social welfare programs in 2008. The company’s PR Department reports they increased their spending on aiding the war veterans through Metallurg charity fund and on other charity projects. For one, the number of employees who had a chance to go to the corporate health centers last year was 8% greater compared to the year 2007. Then, some 10,000 people were offered paid trips to MMK’s ski resorts, which exceeded the figures for the previous year by 40%. Finally, the enterprise kept on supporting the new mothers and their