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Annual Report 2005 - Tenaris

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In <strong>2005</strong>, Confab invested R$5.3 million in the<br />

safety, health and environment area.<br />

Quality of Life<br />

The company engages in a number of activities<br />

designed to improve employees' quality of life<br />

by promoting physical, organic and emotional<br />

balance. The actions promote sports and leisure<br />

activities and a healthy working environment.<br />

At the end of <strong>2005</strong>, Confab had a total of 2,086<br />

employees.<br />

The company invested R$ 6.6 million in medical<br />

and dental assistance, offering diverse health plans<br />

with differentiated coverage for employees and<br />

their dependents.<br />

R$ 4.0 million was invested in meals. The company<br />

plants have self-service restaurants, which<br />

served a total of 599,000 lunches and dinners and<br />

295,000 breakfasts to employees.<br />

Confab provides transportation subsidies for travel<br />

between work and home for 1,100 employees.<br />

R$ 2.6 million was invested in this benefit in <strong>2005</strong>.<br />

The company also invested more than R$ 478,000<br />

in subsidized medicines, school materials, toys,<br />

Christmas hampers and clothing for employees'<br />

new born babies.<br />

46. <strong>Tenaris</strong>Confab<br />

Credit Cooperative<br />

Employees belonging to the Credit Cooperative are<br />

eligible for quick and cheap credit. On December<br />

31st <strong>2005</strong>, the 1,726 members of the credit cooperative<br />

had accumulated funds of R$ 4.3 million.<br />

A total of R$ 8.1 million was loaned to employees<br />

during the year. The cooperative had a surplus of<br />

R$ 821,500 in the year, which will be carried forward<br />

for future activities.<br />

Confab Employees' Association Club<br />

The Confab ADC club was completely refurbished<br />

to meet the needs of Confab employees and their<br />

families. Around US$ 100,000 was invested in the<br />

first stage, which included the remodeling of the<br />

installations and landscaping. Another US$ 22,000<br />

was spent on restoring the tennis court.<br />

Installed on an old farm, the club offers a large<br />

green area where employees and their families have<br />

the use of adult and children's swimming pools,<br />

cloakrooms, a playground, barbecue facilities,<br />

a gym, a multi-use sports court, a full-size football<br />

pitch and a seven-a-side football court, a clubhouse<br />

and a function room.<br />

Support for the community<br />

The company has sought to contribute to community<br />

well-being through a number of initiatives<br />

in the town of Pindamonhangaba, where its manufacturing<br />

plants are located. The company is careful<br />

in choosing the organizations with which it establishes<br />

partnerships. In <strong>2005</strong>, two of these charities<br />

– the Casa Transitória Fabiano de Cristo (Fabiano<br />

de Cristo Halfway House), responsible for the “Anália<br />

Franco” project, and the Associação de Pais e Amigos<br />

dos Excepcionais de Pindamomohangaba-APAE)<br />

(Pinhamonhangaba Association for the Disabled)<br />

– received the coveted Efficiency Award, (Prêmio<br />

Bem Eficiente), for which they competed with 355<br />

non-profit-making institutions from all over Brazil.

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