ABOUT THE ANNUAL REPORT


THE OMK ANNUAL REPORT FOR 2017 INCLUDES INFORMATION ABOUT OMK’S PERFORMANCE IN THE REPORTING PERIOD FROM 1 JANUARY 2017 TO 31 DECEMBER 2017.


The financial information in the annual report has been consolidated in accordance with Russian Accounting Standards (RAS) and certified by the company’s external auditor. Operational information is provided according to an internal company order. Information about OMK’s sustainable development activities is presented in accordance with the GRI G4 sustainability reporting guidelines.

KEY ABBREVIATIONS USED IN THE OMK
ANNUAL REPORT 2017:

APP — Almetyevsk Pipe Plant

BVP— Blagoveshchensk Valves Plant

VSW — Vyksa Steel Works

VPS — Vyksa Production Site

MMTUR — Mining and Metallurgical Trade Union of Russia

EAEU — Eurasian Economic Union

CRM — Casting and Rolling Mill

MKS-5000 — Thick-Plate Mill-5000 at VSW

OGP — oil and gas pipes

R&D — research and development
NPO — non-profit organization

EP — environmental protection

OS — occupational safety

IS — industrial safety

PUF — polyurethane foam

RUIE — Russian Union of Industrialists and Entrepreneurs

PF — pipe fittings

PPE — personal protective equipment

SEWC — special evaluations of working conditions

LDP — large diameter pipes

PV — pipeline valves

EPWS — electric pipe welding shop

PIDF — Pipe Industry Development Fund

PACCC — Pipe Anti-Corrosion Coating Centre

CSW — husovoy Steel Works

IAS — Internal Audit Service
RU