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UMMC

OJSC Ural Mining and Metallurgical Company
Public ()
Industry Metals, Mining
Founded 1999 (1999)
Headquarters Verkhnyaya Pyshma, Russia
Key people
Andrei Kozitsyn, CEO
Products Nickel
Copper
Coal
Lead
Revenue US$5.1 billion (2010)
Website www.ugmk.com

Ural Mining and Metallurgical Company (UMMC or UGMK Russian: Открытое акционерное общество «Уральская горно-металлургическая компания») is a Russian metallurgical company based in Verkhnyaya Pyshma. It is the second largest copper producer in Russia.

The holding company was formed around joint-stock company Uralelektromed in 1999. The main owner of the company is Uzbek billionaire Iskander Makhmudov.The president of the company is Andrew Kozitsin (Russian: Козицын, Андрей Анатольевич).

The company owns about 50 companies located throughout Russia.

UMMC has helped the city of Yekaterinburg. For example, at the end of 2013, UMMC worked on a deal to help secure the city's debt liabilities with the bank Gazprombank.

UMMC, along with other companies, will contribute a total of 2 billion rubles (equivalent to around U.S. $67 million) to charitable social programs. Other companies giving funds along with UMMC include JSFC Sistema, Sibur, RusHydro, and Inter RAO UES.

Russia's Office of Early Childhood Education tasked UMMC Telecom in 2013 with connecting all kindergartens to the internet. Specifically, UMMC Telecom will connect kindergartens in Pyshma, an area near Yekaterinburg.

In September 2013, UMMC donated $250,000 to kindergartens in the Krasnouralsk area. The donations were intended to help buy food and maintenance.

For example, UMMC created the “Children of Russia” project. UMMC launched a pilot for the program in the Sverdlovsk oblast. The program serves kids who have serious and numerous health disorders.

UMMC partnered with the Moscow State Institute of International Relations in 2013 to educate and train people in international transportation, in the hope that the training will satisfy UMMC's employment needs while offering new jobs to local people. UMMC runs a college and training institution known as the Technical University of UMMC. The facility is located next to the company's headquarters.

In support of vulnerable populations such as children (and in addition to health services described above), UMMC sponsors special programs for youth that include sports tournaments, development of gifted children initiatives, funding for orphanages in the Urals and Siberia, and the “Heart to Heart” program which collects clothing, books and funds for children in orphanages and residential treatment centers. The company created social rehabilitation programs for orphans and children without parents. UMMC has given money to orphanages, given classroom courses to orphans and provided medical treatment to orphans.


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