In
2012, the URALCHEM group increased funding for social and charitable
projects to 232.3 million roubles, compared to more than 90 million
roubles in 2011.
Moscow,
Russia (April 29, 2013) -- In 2012, the URALCHEM
group increased funding for social and charitable projects to 232.3
million roubles, compared to more than 90 million roubles in 2011.
"We
see the support of social and charitable programmes as one of the
most important parts of corporate ethics. Record production levels
and the financial results achieved by the company in 2012 have
allowed us to increase funding for social programmes by almost 2.5
times compared with 2011," the Chairman of the Board of
Directors of URALCHEM, Dmitry Mazepin, commented.
The
main focus of URALCHEM's charitable activity is the support of
children's and youth sports. The Group's enterprises in 2012
contributed more than 77.1 million roubles for this purpose. In
addition, assistance is provided to child and youth programmes aimed
at improving health, education and recreation. Significant donations
are also made to the support of veterans and pensioners.
Traditionally, URALCHEM assists in organizing various sports and
cultural events in the cities where the company's facilities are
located.
The
company's largest plant in Kirovo-Chepetsk became the largest
contributor, paying 97.9 million roubles in donations and
sponsorships. A significant amount of these funds was provided for an
unprecedented initiative to support 70 large low-income families from
the Kirov Region; all these families received Lada Granta cars from
URALCHEM.
The
Azot Branch and Minudobrenia, both located in the Perm Region,
allocated 45.8 million roubles for charitable projects. The
Voskresensk Mineral Fertilizers plant in the Moscow Region spent 27.7
million roubles on sponsorship and charity. An addition to the
generous contributions made by the separate enterprises, nearly 61
million roubles was paid directly by the URALCHEM company itself for
good causes.
-Ends-
PR
department
URALCHEM,
OJSC
Tel:
+7 (495) 721 89 89
URALCHEM,
OJSC is one of the largest producers of nitrogen and phosphate
fertilisers in Russia and the CIS with production capacities of over
2.5 million tonnes of ammonium nitrate, 2.8 million tonnes of
ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of
complex fertilisers and 1.2 million tonnes of urea. URALCHEM, OJSC is
the second largest ammonium nitrate producer in the world and number
one in Russia, the second largest producer of nitrogen fertilisers in
Russia. Key production assets of URALCHEM, OJSC include Azot Branch
of URALCHEM, OJSC in Berezniki, Perm Region; OJSC Minudobrenia, Perm;
MFP Kirovo-Chepetsk Chemical Works, OJSC Branch in Kirovo-Chepetsk,
Kirov region; Voskresensk Mineral Fertilisers, OJSC in Voskresensk,
Moscow region.
Some
of the information in this press release may contain projections or
other forward-looking statements regarding future events or the
future financial performance of URALCHEM. We wish to caution you that
these statements are only predictions. We do not intend to update
these statements and our actual results may differ materially from
those contained in our projections or forward-looking statements,
including, among others, the achievement of anticipated levels of
profitability, growth, cost and synergy of our recent acquisitions,
the impact of competitive pricing, the ability to obtain necessary
regulatory approvals and licenses, the impact of developments in the
Russian economic, political and legal environment, financial risk
management and the impact of general business and global economic
conditions.
