Annual report 2007 - Magnitogorsk Iron & Steel Works ...

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Maternity Support
Since 2004 OJSC MMK has been implementing the Support of Maternity and Childbirth Encouragement
Program , according to which expectant mothers, starting from the 13th week of pregnancy and until the
commencement of the right for official maternity leave, are freed from work while continuing to be paid their
average wages. They regularly visit a special Maternity Centre where they get physical training and psychological
assistance. Moreover, the employer provides them with subsequent assistance in the form of monetary relief.
In 2007 the Company spent USD 0.93 million on the above program.
Healthy Lifestyle and Sports
Practicing physical culture and sports is one of the main components of the healthy way of life. That is why
the formation of a need for regular sports practice in its employees is a priority of OJSC MMK’s social policy. A
developed infrastructure of sports facilities has been created in Magnitogorsk for practicing sports and recreational
activities.
Every year winter and summer competitions are held among OJSC MMK’s divisions which in 2007 gathered
more than 7,500 participants in 19 sport events.
The realization of the Company’s social policy for developing mass physical culture and sport and formation of
a healthy lifestyle is one of the tasks assigned to the Metallurg Magnitogorsk” Sports Club. In 2007 the Company
spent USD 2.89 million on the maintenance of the club and organizing mass sports events.
In 2006 99 sports festivals were held with the use of the sport club’s sites and facilities, drawing more than 18
thousand employees of OJSC MMK and members of their families.
To provide organized options for the employees’ leisure time, the Company offers corporate outings to
mountain skiing resorts situated in the vicinity of the city.
Cultural Activities