MECHEL PAO
EquityStory.RS, LLC-News: PJSC Mechel / Key word(s): Miscellaneous
PJSC Mechel : Mechel Wins Award for Social and Ecological Projects in
Chelyabinsk
2020-12-24 / 12:10 MSK
The issuer is solely responsible for the content of this announcement.
MECHEL WINS AWARD FOR SOCIAL AND ECOLOGICAL PROJECTS
IN CHELYABINSK
Moscow, Russia - 24 December 2020 - Mechel Group became a laureate of the
"Region Development. Best for Russia 2020" Award. For the contest, the
company submitted its projects of improving Chelyabinsk's environment and
promoting the region's stable development.
The award aims to highlight the most efficient regional practices that
enable fruitful cooperation between businesses, society and authorities in
the business's territory of presence. The award's expert council, which
includes heads and representatives of more than 20 Russian regions, voted on
the best projects in 14 key categories, from retail to digital technologies.
One of the program's priorities is to showcase best regional practices aimed
at resolving acute social and economic problems. Mechel became the best in
the "Social Projects and Stable Development" category, winning the Best
Ecological Project nomination.
Mechel presented its social and ecological initiatives for consideration,
including the project of urban beautification and greening in Chelyabinsk's
courtyards and public areas. Over the past three years, the company joined
forces with public ecologists to conduct over 150 such events, planting more
than 2,000 trees and shrubs and distributing more than 30,000 free saplings
to city dwellers. Mechel also arranged for compensatory planting in
Chelyabinsk's Balandino Wood that had suffered from forest fires - a total
of 100,000 pine saplings were planted there.
The company also presented for expert evaluation its ecological grant
contest Eco-Projector, which had been held three times in a row. Proactive
city inhabitants present their ecological projects for consideration by the
contest's jury. Experts choose the most important ideas for ecological
education, volunteering and city beautification. Authors of the best
projects receive the company's grants for implementation. Over these three
years, more than 80 ecological initiatives were implemented with Mechel's
support.
Mechel's stable development measures include an annual ecological forum
Ecoengineering, which is an open space for discussing environment issues.
The forum invites various experts, college professors, students and
ecologically minded city inhabitants, with about 1,000 people taking part in
the forum every year. Such a discussion area helps create awareness,
implement scientific achievements and new technologies for the environment,
and improve popular ecological education in Southern Urals.
"We are very glad that our stable development projects in Chelyabinsk won
recognition by representatives of Russian regions. We sincerely believe that
such social initiatives help create conditions for stable regional
development. These projects complement the ecological agreements we have
signed with Chelyabinsk Region's Governor Alexey Texler. We consistently
fulfill the obligations we have assumed on decreasing our impact on the
environment by upgrading our facilities. At the same time, we are interested
in reducing social tensions in the region, creating opportunities for
discussing ecological problems, building good neighborly relations with
local communities, and promoting interesting ideas aimed at improving the
city environment," Mechel PAO's Chief Executive Officer Oleg Korzhov noted.
***
Mechel PAO
Ekaterina Videman
Tel: + 7 495 221 88 88
ekaterina.videman@mechel.com
***
Mechel is an international mining and steel company. 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.
2020-12-24 MSK Dissemination of a Corporate News, transmitted by
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Language: English
Company: PJSC Mechel
1 Krasnoarmeyskaya Street, Moscow, Russia
127006 Moscow
Russia
Phone: +7 (495) 221-88-88
Fax: +7 (495) 221-88-00
E-mail: press@mechel.com
Internet: www.mechel.ru/
ISIN: US5838406081, RU000A0DKXV5
WKN: A2AC1G
Listed: Foreign Exchange(s) Moscow, NYSE
EQS News ID: 1157343
End of News EquityStory.RS, LLC News Service
1157343 2020-12-24 MSK
(END) Dow Jones Newswires
December 24, 2020 04:10 ET (09:10 GMT)
