OMK Awarded Impetus for Good Prize

The United Metallurgical Company (AO OMK, Moscow) has been awarded the Impetus for the Good Prize by the Our Future Foundation for Regional Social Programs for the best corporate program to develop social business initiatives. The prize is awarded annually to social business people, public personalities, and companies that support and develop social business initiatives in Russia. The category under which OMK was awarded had been instituted by the Russian Union of Industrialists and Entrepreneurs (RUIE).

The award ceremony was held in Moscow on May 17, 2017. The event was attended by Russian Deputy Prime Minister Olga Golodets, Russian Federal Assembly Federation Council Deputy Chair Galina Karelova, Russian Presidential Advisor Alexandra Levitskaya, founder of the Our Future Foundation Vahid Alekperov, Foundation Director Natalia Zvereva, Metropolitan Hilarion of Volokolamsk, Chair, Moscow Patriarchate Department for External Church Relations, movie and theater starts Egor Beroev and Xenia Alferova, creators of the "I am" Charity Foundation, Russia People's Artist Lev Leshchenko, Arctic and Antarctic explorer, member of Russia's State Duma Artur Chilingarov, and others.

OMK was awarded the prize for contributing to the development of social business initiatives in the Town of Chusovoy, Perm Territory, where it operates the Chusovoy Metallurgical Works (AO CMW, an OMK subsidiary). OMK developed a special integrated program to support the town's social businesses. It includes a training module, the Start Your Own Business competition for grants, a fair of social ideas, an acceleration program to support winners, and a territory-wide Social Business Initiatives conference. It has been going forward since 2016.

The prize was presented to OMK Deputy Chair Natalya Eremina by RUIE's Elena Feoktistova, Managing Director of Corporate Responsibility, Sustainable Development, and Social Business Initiatives Directorate.

"Small businesses propose interesting solutions to pressing social problems in the provinces. That is why supporting civil and social initiatives in communities where we operate our facilities is a promising area as far as we are concerned. We would like to help make people's lives easier and give people the opportunity to enjoy life, on the one hand, and feel pride in the way their town is developing on the other. We are thankful to the Our Future Foundation for recognizing our efforts to develop social business initiatives", said Natalya Eremina at the award ceremony.


Three of OMK's plants are virtually the only employers in their towns. Thus, the Company regards diversifying employment opportunities as one of the most important areas in which these towns need to develop. Primarily by creating jobs that are unrelated to the principal industry and by attracting new investment.

The Start Your Own Business Program was launched in 2016 to support socially-minded businesses from the Town of Chusovoy, Perm Territory. Last year, 20 social business people from Chusovoy started their own businesses with grants from OMK. The town was given a roller skating rink, a social time club, centers with classes for children, special locations where young mothers and children could spend their free time, and some support services for seniors were also launched.

Starting 2017, a similar social business initiative support program was added to the Chusovoy effort in the Town of Blagoveshchensk (Republic of Bashkortostan) that is host to the Blagoveshchensk Valve Plant (AO BAZ, an OMK subsidiary).

In February 2017, the United Metallurgical Company was named winner of the 2016 Russian Business Leaders: Trends and Responsibility Competition. OMK is one of the three best Russian companies in the category for supporters and promoters of social business initiatives.

The Impetus for the Good prize was established by the Our Future Foundation for Regional Social Programs in 2011. The first award ceremony was held on April 26, 2012. Over the five years, the prize was awarded to 58 laureates, including social business people, managers of government institutions and sectoral agencies, representatives of non-government bodies, media, and universities. Over the years, the prize has been awarded to PAO Severstal, the United RUSAL Companies, the Government of the Republic of Tatarstan, the Omsk Region, Channel One, the actors Konstantin Khabensky and Evgeny Mironov.

In 2017, 236 nominations from 56 regions of Russia were made for the prize. Applicants from Moscow, St. Petersburg, the Khanty-Mansi Autonomous District, the Moscow Region, the Perm Territory, and the Republic of Bashkortostan were the most numerous. Laureates were selected for the prize over a three-month period in a three-stage process. The Foundation's Public Council that includes art personalities and CEOs from Government and non-Government institutions selected 10 winners.