Nornickel is Sponsoring a New Hospital Ward for Monchegorsk

MOSCOW, November 27, 2020 (Newswire.com) - ​As an extension of the comprehensive COVID-19 response programme, MMC Norilsk Nickel, headed by Vladimir Potanin, is deploying new measures to hospitals in the Murmansk Region and substantive help to support local medical facilities.

Norilsk Nickel started construction of a new building of the Monchegorsk Central Regional Hospital with four departments. The Company will be co-financing the modernisation of the Bayandin Murmansk Regional Clinical Hospital for a total of US $133mln (RUB 1bn). The construction phase will be concluded by 2022 when the new hospital complex is expected to be fully functional.

“Norilsk Nickel is actively involved with the region in a meaningful and thoughtful way: it is making substantial contributions and adheres to the principles of high social responsibility, all of which makes our partnership effective.” –  said Andrey Chibis, Governor of the Murmansk Region.

The Company is cooperating closely with the regional administration on a number of significant projects. Several significant agreements have already been signed between Norilsk Nickel and the region, which, apart from the construction of the new hospital, include the development of the region, increasing its investment and tourism attractiveness, and improvement of welfare conditions for the citizens.

“Healthcare in the North must be modern. It is appreciated that the company understands this and is meeting us halfway, providing substantial support,” as Andrey Chibis concluded.

The construction process on the new hospital ward has already been started as designers, engineers and surveyors have arrived in Monchegorsk to start examining the construction site. All decisions regarding construction solutions will be made jointly with the Company and the regional government.

Repurposing of a specialized ward in an empty ICRC building is also under consideration as an additional option. In the near future, it will be examined for safety and the possibility of using it for the construction of a new hospital building.

Nornickel’s COVID-19 response is the largest in the world by many estimates, as noted by Forbes, which ranked Nornickel as Russia’s No. 1 industrial company by COVID-19 spending. Nornickel has allocated US $266mln to combat the disease, procuring over 460,000 coronavirus tests and over 250,000 test kits, two stationary, seven mobile and 15 mini-labs, five ambulance cars, around 400 thermal imaging systems, PPE (including more than 10 mln masks) and over 350 ventilators.

MMC Norilsk Nickel is a diversified mining and metallurgical company, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, sulfur and other products. The production units of Norilsk Nickel Group are located in Russia, as well as in Finland and South Africa.

Shares of MMC Norilsk Nickel are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, its ADRs are traded over the counter in the US and on the London, Berlin and Frankfurt Stock Exchanges.

Contact: Tatyana Egorova, [email protected]

Source: MMC Norilsk Nickel