NLMK Group (LSE: NLMK), a global steel company with operations in Russia, the USA, and the EU, has published its Payments to Governments Report 2018 disclosing the respective payments related to extractive activities the company made during 2018.
NLMK Group and venture capital firm Fort Ross Ventures, a partner of Sberbank, have penned an agreement to cooperate to support innovations.
NLMK Group has won a Silver award at the international Step Two Intranet and Digital Workplace Awards 2019 for the launch of its Intranet portal which extends to all employees, promotes automation of business processes and enhances personnel engagement.
At an Annual General Meeting held on 11 June 2019 in Moscow, members of the Russian Steel Association re-elected the Chairman of the Board of Directors of NLMK Group Vladimir Lisin as their President. Mr. Lisin will preside over the Association for the next two years.
At the Extraordinary General Shareholders’ Meeting (EGM) held on 7 June 2019, NLMK shareholders approved the payment of Q1’19 dividends of RUB 7.34 per share, or 100% of the Company’s free cash flow according to NLMK Group’s consolidated statements prepared in accordance with IFRS.
NLMK’s carbon oxide (CO) emissions set to reduce by 3,000 tonnes per year, GHG (СО2) emissions set to reduce by 650,000 tonnes per year