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

ANNUAL REPORT OPEN JOINT-STOCK COMPANY MAGNITOGORSK IRON & STEEL WORKS
Director for Personnel and Social
Programs
Head of Staff of the President
of ООО ММК Managing
Company
Director for Legal Matters
Vice-President of ООО MMK
Managing Company for
Finances and Economy
SEASON 2007
1 Ensuring efficient operation of the system of human resources
planning, selection, hiring, adaptation, deplyment, development
and assessment in the MMK Group.2 Ensuring efficient labor
organization and remuneration, management and regulation of the
OJSC MMK’s activities.3 Ensuring social stability and protection of
OJSC MMK’s employees.4 Shaping the public opinion with regard
to the OJSC MMK’s objectives and perspectives, developing trust in
the Company and expanding its influence, enhancing visibility in the
business circles and government agencies.5 Ensuring efficient use of
the OJSC MMK’s budget with regard to the social sphere.
1 Organizational, documentation and information support for
the activities of the President of OOO MMK Managing Company,
OJSC MMK’s Board of Directors, its Committees and OJSC MMK’s
Management Board.2 Organization and coordination of auditing
activities in the MMK Group.3 Organization of internal audits,
assessment of reliability and efficiency of operation of the MMK
Group’s internal control system.4 Legal support of the OJSC MMK
and the MMK Group’s activities.5 Ensuring efficient interaction of the
President of OOO MMK Managing Company and the OJSC MMK’s
Board of Directors with mass media.
1 Ensuring legality of the OJSC MMK’s activities.2 Use of all legal
means to attain the goals of improving OJSC MMK’s performance
3 Organization of efficient interaction between OJSC MMK’s
divisions and subsidiary and related companies and organizations.
4 Protection of the rights and legal interests of OJSC MMK and its
employees.
1 Organization of OJSC MMK’s financial and business activities,
ensuring OJSC MMK’s continuous improvement and sustainable
financial and economic position, improvement of production
planning and use of material and financial resources of OJSC MMK
and the MMK Group.2 Efficient management of the OJSC MMK’s
corporate financial resources.3 Development of the invention and
rationalization activities, aimed at solving the most important
technical tasks and increasing the production effectiveness,
implementation of rationalization proposals and inventions at
OJSC MMK and the MMK Group.4 Ensuring creation, replenishment
and use of the patent stock of OJSC MMK and the MMK Group.5
Provision of OJSC MMK and its affiliates with material, technical
and financial resources and equipment including the equipment
for implementation of the OJSC MMK’s Investment Program.6
Ensuring efficient use of the budget funds allocated for commercial
activities.7 Attainment of the best results from the OJSC MMK’s
commercial activities.8 Development of an efficient procurement
pricing policy .
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