Novolipetsk Steel 2006 AR2
The report outlines NLMK's financial and operational performance for the fiscal year 2006, highlighting a 38% increase in revenue to USD 6,046 million and a record net income of USD 2,066 million. During the year, the company advanced its vertical integration strategy through key acquisitions, including VIZ-Stal, Altai-koks, and DanSteel A/S, as well as establishing a joint venture with the Duferco Group. On the environmental front, NLMK successfully reduced its gross air emissions by 11.5% since 2002 and decreased river water consumption by 19.9%. Additionally, the company improved workplace safety, achieving a 30% reduction in occupational accidents at its main Lipetsk production site.
Company: Novolipetsk Steel
Sector: Materials
Country: Russia
Year: 2006
Type: AR2
Pages: 218
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Novolipetsk Steel
Annual Report
The report outlines NLMK's financial and operational performance for the fiscal year 2006, highlighting a 38% increase in revenue to USD 6,046 million and a record net income of USD 2,066 million. During the year, the company advanced its vertical integration strategy through key acquisitions, including VIZ-Stal, Altai-koks, and DanSteel A/S, as well as establishing a joint venture with the Duferco Group. On the environmental front, NLMK successfully reduced its gross air emissions by 11.5% since 2002 and decreased river water consumption by 19.9%. Additionally, the company improved workplace safety, achieving a 30% reduction in occupational accidents at its main Lipetsk production site.
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Document Details
Report Year
2006
Reporting Period
Jan 1, 2006 - Dec 31, 2006
Fiscal Year
2006
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Employees