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Severstal OAO receives GOSGRANT Support for Social Projects prize
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Thursday, 03 Nov 2011
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OAO Severstal one of the world leading vertically integrated steel and steel related mining companies, won the Support for Social Projects prize for its Road Home program at the 2nd Congress of Nonprofit Organizations of Russia and All Russia Conference awards. Experts judged Severstal Road Home program in Cherepovets where Severstal core business unit the Cherepovets Steel Mill is located to be one of the best examples of a successful public-private partnership combating the problem of social orphanage and child homelessness in Russia.

In 2010 Severstal was a winner at the Russian Union of Industrialists and Entrepreneurs' annual awards in the "Social Investments and Projects" category and the "Energy Efficiency" category. In 2010, the company was also recognized at the People Investor awards in the Innovative Approach to Addressing the Development of Local Communities category.

Research conducted by Vedomosti and PWC along with the Donors' Forum also determined that Severstal won the Ministry of Economic Development and Trade's prize for the best charitable program aimed at developing local communities. In 2010 Severstal was also ranked amongst the top ten Russian companies for charity efficiency.

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