OREANDA-NEWS. July 28, 2014. The meeting took place in the vicinity of Vyksa (in the Nizhny Novgorod region as part Mr. Shantsev’s business tour of the area’s social and infrastructure facilities. During the meeting, Anatoly Sedykh, Chairman of the Board of United Metallurgical Company (OMK Closed Joint Stock Company, based in Moscow), briefed Valery Shantsev about the dynamics of the production indicators at Vyksa Steel Works (VSW Open Joint Stock Company, part of OMK) and the progress of the current investment and social projects at the factory and in the area.

For his part, the Head of the Nizhny Novgorod region voiced his appreciation of OMK’s large contribution to the social and economic development of the Vyksa area and the entire Nizhny Novgorod region. Valery Shantsev wished the company success in its operations.

“OMK is one of the largest investors in the Nizhny Novgorod region, accounting for a fifth of all investments into the region. This was made possible owing to the close partnership between the region’s government and its consecutive investment support policy. Being the town’s major employer, we use every opportunity to increase the standard of living in the Vyksa area by providing high salaries, offering 9,000 modern workplaces, and actively cooperating with small and mid-scale businesses in the Nizhny Novgorod region. Since 2006, we have channeled over two billion rubles into developing the social sphere and implementing social programs. Over half a billion rubles were allocated for charity causes in 2013,” said Anatoly Sedykh.