Mechel Earns Recognition for Employee Development
March 23 2015 - 4:30AM
Mechel OAO (MICEX:MTLR) (NYSE:MTL)
, one of
the leading Russian mining and metals companies, reports having
received a nominee's diploma for employee development in the
national "Russian Business Leaders: Dynamics and Responsibility
2014" contest.
The annual contest is held by the Russian Union of
Industrialists and Entrepreneurs (RSPP) among the country's major
companies. The award ceremony was held within the framework of
Russian Business Week. RSPP's President Alexander Shokhin presented
the award to Mechel OAO's Vice-President for Human Resources and
Social Policy Elena Selivanova. Mechel was awarded with a nominee's
diploma for its consistent approach in developing its employee
potential as well as several HR projects in the Group's regions of
operation.
The nominees for the Employee Development Award were picked from
among companies with acknowledged human resources achievements. A
group of independent HR experts evaluated the nominees. The
companies were chosen on the basis of such criteria as efficient
corporate initiatives in staff development, including professional
education, providing opportunities and motivation for improving
their skills, career growth, the possibility of learning on the
company's experience.
"We are glad that our work earned high recognition from the
professional community. And this award is truly well-earned.
Despite this difficult time for our company, Mechel's 70,000 staff
remain our chief and most valuable asset. Our task is to ensure
that our employees are certain of their future, that their
professional skills continue to improve. The ability to preserve
our team, to realize our employees' potential and use it properly
is the key for our business's success and guarantee of its further
efficient development," Mechel OAO's Vice-President for Human
Resources and Social Policy Elena Selivanova commented.
Mechel is an international mining and steel company which
employs over 70,000 people. Its products are marketed in Europe,
Asia, North and South America, Africa. Mechel unites producers of
coal, iron ore concentrate, steel, rolled products, ferroalloys,
heat and electric power. All of its enterprises work in a single
production chain, from raw materials to high value-added
products.
Some of the information in this press release may contain
projections or other forward-looking statements regarding future
events or the future financial performance of Mechel, as defined in
the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. We wish to caution you that these
statements are only predictions and that actual events or results
may differ materially. We do not intend to update these statements.
We refer you to the documents Mechel files from time to time with
the U.S. Securities and Exchange Commission, including our Form
20-F. These documents contain and identify important factors,
including those contained in the section captioned "Risk Factors"
and "Cautionary Note Regarding Forward-Looking Statements" in our
Form 20-F, that could cause the actual results to differ materially
from those contained in our projections or forward-looking
statements, including, among others, the achievement of anticipated
levels of profitability, growth, cost and synergy of our recent
acquisitions, the impact of competitive pricing, the ability to
obtain necessary regulatory approvals and licenses, the impact of
developments in the Russian economic, political and legal
environment, volatility in stock markets or in the price of our
shares or ADRs, financial risk management and the impact of general
business and global economic conditions.
CONTACT: Mechel OAO
Ekaterina Videman
Tel: + 7 495 221 88 88
ekaterina.videman@mechel.com
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