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NLMK group provide home to employees over 65 years of age

Press Releases

In connection with the unfavorable epidemiological situation, employees of the Russian enterprises of the Group over 65 years translated into homework mode. Before April 30 of such employees may, at its option, to work remotely, go to the next paid holiday or be on paid quarantine. The period may be adjusted depending on the epidemiological situation.

"We have decided to provide this group of employees, one is vulnerable to coronavirus, home mode. Now we are most focused on ensuring the safety and health of employees. We will continue to regularly expand the set of measures to curb the spread of infection and reducing risks to the health of our employees," commented Vice-President, HR and management system NLMK Group's Mikhail Arkhipov.

about the company

NLMK Group is a vertically integrated steel company and Russia's largest and one of the world's most efficient producers of steel products.

NLMK's metal Products are used in various industries, from construction and engineering to power-generating equipment and offshore wind turbines.

the Production assets of NLMK are located in Russia, Europe and the USA. The production capacity of steel companies over 17 million tonnes a year.

NLMK has high competitiveness in cost among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue for 2019 amounted to 10.6 billion dollars, EBITDA – $ 2.6 billion. The ratio of Net Debt/EBITDA amounted to 0.7 H. the Company has a credit rating of investment grade from S&P, Moody's, Fitch and RAEX (Expert RA).

Ordinary shares of JSC "NLMK", free float which is 18.6%, are traded on the Moscow Stock Exchange (Ticker "NLMK"), global Depositary shares on the London stock exchange (Ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of 1 Russian ruble.

read More of stockholders ' equity NLMK can be found at the link.

for more information about NLMK Group, please visit.

Download photos and corporate video NLMK Group in Mediobanca the link.

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