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Thursday, 04 June 2020 10:33

MMK Chairman Victor Rashnikov pledges RUB 500 mln toward COVID-19 response efforts

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2016 04 07 064954Victor Rashnikov, Chairman of the Board of Directors of MMK (Magnitogorsk Iron & Steel Works), decided to allocate additional funds to expand the programme of financing antiviral and socially orientated initiatives in the city of Magnitogorsk, where MMK’s key facilities are located. As Victor Rashnikov announced, the total amount of financial assistance provided will amount to about RUB 500 million. A set of priority measures aimed at supporting healthcare institutions and medical workers, teachers and schoolchildren, pre-school institutions, as well as the most vulnerable group of residents in Magnitogorsk has been approved.

  • The funds for the medical institutions of the city have been used to purchase ventilators and orders have been placed for the supply of bedside monitors, infusion systems and perfusors. The funds will also be used to cover additional payments to medical personnel working in high-risk areas. 
  • Tablets and laptops will be purchased for students from low-income families, which are especially relevant in the current distance learning format. Laptops will also be provided to young teachers in Magnitogorsk schools for remote lessons.
  • Special disinfecting equipment will be purchased and installed for kindergartens in Magnitogorsk, where children’s groups are still operating today. Contactless thermometers will be delivered to orphanages and charities in the city.
  • For pensioners who live on their own, as well as particularly low-income residents of the city, certified food packages, as well as sets of personal protective equipment, are already being put together and delivered to addresses across the city.

Commenting on the large-scale financial assistance provided by the Company, Victor Rashnikov, Chairman of the Board of Directors of MMK, said: "I believe that today, more than ever, people need support and help. That is why the only viable decision was taken in this situation - to help Magnitogorsk and its residents in this difficult time. I am sure that we will definitely overcome this difficult situation by joint efforts."

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