Privacy policy

This report, any and all information and opinions contained herein (the “Annual Report”) has been prepared by HC METALLOINVEST OJSC (the “Company”) on a voluntary basis in compliance with internal annual reporting standards of the Company, and taking into account international initiatives in the field of corporate responsibility, sustainable development and non-financial reporting.

Internal standards for non-financial annual reporting adopted by the Company envisage the annual reporting cycle from January 1 to December 31 of each year. The previous non-financial annual report was published in 2014. In order to develop a dialogue with stakeholders, the Company also prepares the report on corporate social responsibility once every two years.

The Annual Report is addressed to a wide range of stakeholders and is consolidated reflecting the major economic, financial and operating results of the Companies’ activities in Russia and elsewhere around the world in 2014, and contains the results of its sustainable development. Affiliates of the Company produce their own annual reports, reflecting the results of their activities. Actual figures mentioned in the Annual Report are confirmed by the consolidated financial statements certified by an independent auditor.

The Annual Report is not an advertisement of securities, an offer or invitation to make any offers, to sell, to purchase, to issue or to subscribe for any securities of the Company and/or any of its affiliates in any jurisdiction, and it does not form part of such advertisement, offer or invitation to make an offer and it will not be considered or interpreted as thereof. The Annual Report will not also be considered as an invitation to proceed with any investment activity. Neither the Annual Report nor any part of it or the fact of its publication, communication or distribution of the Annual Report or any part of it shall be related, considered to be a contract or an investment decision and shall not be connected with any contract or an investment decision. No representation or warranty, whether expressed or implied, shall be given by the Company, its affiliates, advisors, consultants, shareholders, directors, officials, employees, agents or any individuals as to the accuracy of the information or opinions or for any losses howsoever arising, directly or indirectly, from any use of the Annual Report or its contents.

The Annual Report, as well as the fact of its disclosure, delivery or distribution, does not constitute grounds for entry into any contracts, agreements or similar arrangements or generate any form of liability or serve as the basis for any investment decision. The Annual Report is not a recommendation or consultation with regards to any securities of the Company and/or any of its affiliates. The present contents of the Annual Report have been prepared in good faith but have not been independently verified by the Company or on its behalf, by any of its external consultants or advisers, or by any other independent third party. Neither the Company, nor its affiliates, advisors, consultants, shareholders, directors, officials, employees, agents or any individuals are making any statements, giving guarantees, assuming explicit or implicit obligations in regards to the reliability, accuracy, completeness or correctness of the information or opinions contained herein, and shall not be held responsible in any way for its contents. Such persons shall not be liable for any losses or damages arising directly or indirectly as a consequence of or originating in connection with any use of the Annual Report or its contents. The recipient hereof acknowledges that no person has nor is held out as having any authority to give any statement, warranty, representation or undertaking on behalf of any member of the Company and/or any of its affiliates in connection with the Company and any of its assets and/or any of Companies’ affiliates and any of their assets.

The Annual Report, including without limitation all the data, information and opinions listed herein, is presented as of the date of the Annual Report and may be modified without prior notification to the recipient. The Company does not assume any obligations to provide further access to any supplementary information or to update or correct any inaccuracy which may be found in the same. The Annual Report contains certain projections and forward-looking statements, particularly (but not limited to) those relating to anticipated demand and consumption, global economic recovery, commodity prices, management aims and objectives, strategy, production, anticipated investment and the anticipated completion of previously announced transactions. The Company will not update the Annual Report to reflect events and circumstances occurring after the date of the Annual Report. By their nature, forwardlooking statements involve risks and uncertainties because they relate to facts and depend on circumstances that will or may occur in the future. Actual results may differ from those expressed in such statements depending on a variety of factors, including future levels of industry product supply, demand and pricing, operational problems, general economic conditions, political stability and economic growth, changes in laws and governmental regulations, exchange rate fluctuations, development and use of new technology, changes in public expectations and other changes in business conditions, the actions of competitors, natural disasters and adverse weather conditions, wars and acts of terrorism or sabotage, other factors discussed elsewhere in this document, as well as many other risks affecting the Company and/or any of its affiliates, and their respective operations.

The most recent information about the Company, its management, affiliates, products can be found at, and upon request at the Department of Corporate Communications and Department of Investor Relations (telephone: +7 (495) 981-55 -55).


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