Home / Press Releases / MMK continues to integrate the Group's companies into a single information space based on Oracle E-Business Suite v.12

MMK continues to integrate the Group's companies into a single information space based on Oracle E-Business Suite v.12

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Thanks to the integration, these companies have reached a high level of automation, which makes it possible to control and analyze costs throughout the entire chain - from procurement and production to sales of finished products.

“Today, the PJSC MMK Group has a comprehensive corporate information management system covering more than 460 business processes standardized in eight companies,” said Andrey Eremin, Director for Economics of the Magnitogorsk Iron and Steel Works. - The information system operated at Magnitogorsk Cemento-Refractory Plant LLC until July 1, 2021 had limited functionality. With the introduction of the new system, accounting for such areas of activity as repairs, projects, budgeting has been automated, as well as the functionality of warehouse, production accounting and commercial activities has been expanded. The unification of all production and economic processes in a single circuit will increase the transparency and efficiency of production. In Ogneupor LLC, the goal of introducing the corporate information system Oracle E-Business Suite v.12 was set last fall. The solutions used in this product allowed the society to integrate into the common information space, expand the possibilities for analytics and control of financial and economic activities, and automate the procurement, sales and quality control systems. The implemented system will allow Ogneupor LLC to continue digital development in line with global trends. And from October 1, two more Companies are to be integrated into a single digital space - LLC Avtotransportnoe upravlenie and LLC MMK-UGOL.

As Mikhail Mishin, the head of the project from Oracle, noted, Oracle is directly involved in the largest project to create a single corporate system, unique in terms of functionality and the number of communities covered.

With the introduction of a large-scale ERP system, Magnitogorsk Cemento-Ogneuporny Zavod LLC and Ogneupor LLC received a powerful tool to improve their efficiency through the use of the best world practices and unification of business processes.

PJSC Magnitogorsk Metallurgical Plant

PJSC Magnitogorsk Metallurgical Plant is one of the world's largest steel producers and holds a leading position among Russian ferrous metallurgy enterprises. The company's assets in Russia represent a large metallurgical complex with a full production cycle, from the preparation of iron ore raw materials to the deep processing of ferrous metals. MMK produces a wide range of steel products with a predominant share of high value-added products. In 2020, MMK Group produced 11.6 million tonnes of steel and sold 10.8 million tonnes of steel products. MMK Group's revenue for 2020 amounted to $ 6.395 billion, EBITDA - $ 1.492 billion.

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Dmitry Kuchumov

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Egorov Oleg

tel .: + 7 (499) 238-26-13

E-mail: [email protected]

About Oracle

Oracle offers a complete set of integrated business applications to support sales, marketing, customer service, human resources, finance, supply chain and manufacturing, while providing highly automated second generation secure infrastructure centered around the Oracle Autonomous Database Database. For more information about Oracle (NYSE: ORCL) visit oracle.com/ru.

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Marina Savinova

CIS Public Relations Director

495 641 14 00

[email protected]

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