DOCSLIB.ORG

Sustainability Report 02 OVERVIEW

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Sustainability Report 02 OVERVIEW 2015 Sustainability Report 02 OVERVIEW Content Sistema owns key assets in several industries that are of paramount importance for the development of the Russian Federation`s economy. Thus, as a large investment corporation, Sistema influences significantly on the lives of millions of Russians. Acting as a responsible investor, the Corporation takes into account various environmental and social aspects of its activities and fully accepts its responsibility to all stakeholders. OVERVIEW 04 Key Performance Indicators 88.2 06 Calendar of Events RUB bn 10 Awards and Achievements tax payments 16 Chairman’s Message 20 Sustainable Development Agenda 139.2 SECTION 1. CORPORATE PROFILE RUB bn investment programme 28 1.1. Investment Strategy 38 1.2. Economic Performance and Investments 40 1.3. Corporate Governance 1.35 45 1.. Procurement Activities RUB bn 52 1.5. Risk Management 57 1.6. Business Ethics and Anti-Corruption Activities сharitable and social expenditures 64 1.7. Personnel Management 90 1.8. Stakeholder Engagement 100 1.9. Managing Corporate Social Responsibility > 155 thousand employees To get some more information, please, visit our corporarte web site: http://www.sistema.com 2015 SUSTAINABILITY REPORT | SISTEMA PJSFC www.sistema.com Contents Key Performance Indicators 03 SECTION 2. INVESTMENT IN SUSTAINABLE DEVELOPMENT 112 2.1.1. New talents for an innovative economy 2.1. 121 2.1.2. Developing the Innovative Potential of the Youth Investments in Human Capital 129 2.2.1. Social & Economic Partnerships 2.2. 135 2.2.2. Improving Standards of Living 146 2.2.3. Supporting Healthcare Development of Regions and Communities 155 2.3.1. Innovation and Modernisation of Manufacturing 2.3. 163 2.3.2. Development of Science-Driven Industries 166 2.3.3. Improving Infrastructure Technological Leadership 168 2.3.4. Promoting Import Substitution 177 2.4.1. Greening of Business 2.4. 180 2.4.2. Sustainable Consumption of Resources 184 2.4.3. Preservation of Biological Diversity Green Economy Appendices 188 Appendix 1. About this Report and Determining Materiality 195 Appendix 2. Implementation of Sustainable Development Plans in 2015 199 Appendix 3. Shared Value Projects of Sistema Group 201 Appendix 4. Table of Compliance with GRI G4 Guidelines and the UN Global Compact Principles 206 Appendix 5. Certificate of Public Assurance by the RSPP Council on Non-Financial Reporting 207 Glossary and Abbreviations 209 Contacts www.sistema.com 2015 SUSTAINABILITY REPORT | SISTEMA PJSFC 0404 OVERVIEW Key Performance Indicators Revenue, Share of Sistema’s Operating profit, revenue in Russia’s RUB bn GDP,% RUB bn 708.6 0.88 69.0 2015 708.6 2015 0.88 2015 69.0 2014 631.9 2014 0.83 2014 60.9 OIBDA, Number of developing Percentage of dividends assets that paid out received from developing RUB bn dividends, pcs. assets (vs total dividend amount),% 176.4 9 17.8 2015 176.4 2015 9 2015 17.8 2014 165.2 2014 9 2014 6.9 2015 SUSTAINABILITY REPORT | SISTEMA PJSFC www.sistema.com Key Performance Indicators Calendar of Events 05 Sistema Group’s Tax payments to federal Total environmental investment programme, and regional budgets, protection expenditures RUB bn RUB bn and investments of Sistema Group companies, RUB bn 139.2 88.2 1.6 2015 139.2 2015 88.2 2015 1.6 2014 115.8 2014 100 2014 1.4 Charitable and social Headcount, Personnel engagement expenditures, persons in voluntary RUB bn activities,% 1.35 155,251 6.7 2015 1.35 2015 155,251 2015 6.7 2014 0.90 2014 155,779 2014 4.2 www.sistema.com 2015 SUSTAINABILITY REPORT | SISTEMA PJSFC 06 OVERVIEW Calendar of Events January March Idea Contest Youth Summit Finals of the Intellect2All Youth Contest of promising technology ideas and developments of students, young researchers, developers and entrepreneurs was held in Moscow as Start of a joint social programme part of the All-Russian Lift to the Future of Sistema Charitable Foundation, scientific and educational programme. Medsi Group, MCCV and the Moscow More than 400 applications were Department of Labour and Social submitted for the contest. Protection to provide free sanatorium care to the WWII veterans on the Sistema, MTS and SSTL held premises of Medsi’s sanatorium International Innovation Youth Summit Otradnoye near Moscow. at the Skolkovo School of Management February in Moscow. Lift to the Future school Import Substitution Partnership with regions Sistema signed agreements on social and economic cooperation with the Vologda and Kirov regional governments. Segezha Group and Petrozavodsk State University signed an agreement on scientific and technical cooperation. Opening of a spring scientific and BPGC signed a contract with Siemens educational school Lift to the Future in AG for production of innovative import- Charter Sukko (Krasnodar Territory), which was substituting grid equipment for the attended by 500 children from all over MTS and Detsky Mir joined Smart Grid project in Bashkortostan. Russia. the Anti-Corruption Charter of Russian Business. Education HR Brand Award Taking care of veterans Sistema became a partner of the HR brand award. Elena Vitchak, honourary An agreement was signed between member of the jury, Vice President, Sistema Charitable Foundation and Sistema signed a cooperation Head of the HR Department, presented NPO Chess in Schools to promote the agreement with the Moscow City the award in the category ”World” for inclusion of chess in the Russian school Council of Veterans of War, Labour, the best HR projects implemented in curriculum and strengthen the role Armed Forces and Law Enforcement Russia and other countries. of chess in education initiatives. Agencies (MCCV). 2015 SUSTAINABILITY REPORT | SISTEMA PJSFC www.sistema.com Key Performance Indicators Calendar of Events Awards and Achievements 07 April Contest of projects May Support for Innovation Social Partnership A tripartite agreement was signed Oilfield services holding Targin signed between Sistema Charitable Foundation, an agreement with Ufa State Oil the Government of Moscow and MCCV Technical University on cooperation on social partnership in supporting in the field of training and retraining, veterans and providing patriotic introduction of scientific and technical education for young people. developments, implementation of joint Completion of the national contest social projects, as well as with Skolkovo of regional youth projects System Foundation on the establishment of the of Priorities of the 2014-2015 academic Victory Day Centre for Research and Development year held within the framework of Lift (R&D Centre) in the Skolkovo Innovation to the Future in the All-Russian Centre, and was a regional sponsor of Children’s Centre Smena (Anapa) with the Russian Startup Tour (RST) aimed the support of the Russian Ministry at finding advanced innovative solutions of Education and Science, and in the and developing the competencies of Children’s health centre named after startup teams implementing high-tech Yuri Gagarin (Stupino, the Moscow projects. region). More than 700 applications were submitted. All-Russian Olympiad More than 400 employees of 22 Support for The Russian Museum Sistema Group companies participated as volunteers in greeting and assisting veterans in Moscow as part of the celebration of the 70th anniversary of the Victory in the Great Patriotic War. The Corporation’s employees participated in the improvement of the premises of four sponsored orphanages, where cleanup days and holidays for the children and veterans were organised With the support of MTS Bank, the as part of the Volunteer Victory Garden finals of the 10th All-Russian Olympiad The State Russian Museum hosted initiative. on Financial Markets and Basics of an exhibition ”National War. The Art of Consumer Knowledge for high school 1941-1945” with the support of Sistema A formal opening of a new armoured students took place in Moscow. The Charitable Foundation. As part of the vehicles exhibition organised with event was attended by more than exhibition opening ceremony, Sistema support from Sistema Charitable 6,000 high school students from all together with MTS and the Committee Foundation was held on the territory over Russia, as well as from Kazakhstan, on Social Policy of St. Petersburg of the Prokhorovka Field State Memorial Uzbekistan, Moldova and Ukraine. conducted a tour for the veterans Estate in the Belgorod region. of the Great Patriotic War and the survivors of the Leningrad siege and Environmental Initiative congratulated them on the 70th Road Show in Saudi Arabia anniversary of the Victory. MTS announced the start of the Federal Sistema was the general sponsor of Environmental Protection Programme, the Russian Business Week ”Russia and under which a comprehensive collection Honouring veterans Saudi Arabia – New Prospects for Trade, and recycling system for waste batteries Economic and Investment Cooperation” of cell phones, smartphones and tablets The Central House of Scientists in and the Russian regions’ road show will be introduced in MTS stores Moscow hosted a gala reception for in Jeddah under the auspices of the in Russian regions. 200 war and labour veterans, the former Russian Embassy in Saudi Arabia and employees of Sistema’s enterprises. the Russian Chamber of Commerce. www.sistema.com 2015 SUSTAINABILITY REPORT | SISTEMA PJSFC 08 OVERVIEW June July IASS-2015 Participation in Economic Corporate Social Responsibility Forums seminar Sistema, jointly with MTS, held a corporate seminar on social responsibility, which was attended by more than 50 representatives of the Corporation’s subsidiaries. RTI and Kronshtadt Group demonstrated their latest developments High tecnology for Moscow at the 12th International Aviation and Space Show in Zhukovsky, the Moscow region. Sistema’s top managers headed by the Board of Directors’ Chairman Vladimir Sistema supported a programme for Evtushenkov and the President Mikhail honouring veterans and heroes of Shamolin held dozens of business aviation ”Wings of Victory”. A special meetings on the sidelines of the 19th cultural programme was organized St. Petersburg International Economic for the guests of honour with the Forum (SPIEF) and took part in its key participation of cadets.
Load more

Recommended publications
  • Expiry Notice
    Expiry Notice 19 January 2018 London Stock Exchange Derivatives Expiration prices for IOB Derivatives Please find below expiration prices for IOB products expiring in January 2018: Underlying Code Underlying Name Expiration Price AFID AFI DEVELOPMENT PLC 0.1800 ATAD PJSC TATNEFT 58.2800 FIVE X5 RETAIL GROUP NV 39.2400 GAZ GAZPROM NEFT 23.4000 GLTR GLOBALTRANS INVESTMENT PLC 9.9500 HSBK JSC HALYK SAVINGS BANK OF KAZAKHSTAN 12.4000 HYDR PJSC RUSHYDRO 1.3440 KMG JSC KAZMUNAIGAS EXPLORATION PROD 12.9000 LKOD PJSC LUKOIL 67.2000 LSRG LSR GROUP 2.9000 MAIL MAIL.RU GROUP LIMITED 32.0000 MFON MEGAFON 9.2000 MGNT PJSC MAGNIT 26.4000 MHPC MHP SA 12.8000 MDMG MD MEDICAL GROUP INVESTMENTS PLC 10.5000 MMK OJSC MAGNITOGORSK IRON AND STEEL WORKS 10.3000 MNOD MMC NORILSK NICKEL 20.2300 NCSP PJSC NOVOROSSIYSK COMM. SEA PORT 12.9000 NLMK NOVOLIPETSK STEEL 27.4000 NVTK OAO NOVATEK 128.1000 OGZD GAZPROM 5.2300 PLZL POLYUS PJSC 38.7000 RIGD RELIANCE INDUSTRIES 28.7000 RKMD ROSTELEKOM 6.9800 ROSN ROSNEFT OJSC 5.7920 SBER SBERBANK 18.6900 SGGD SURGUTNEFTEGAZ 5.2450 SMSN SAMSUNG ELECTRONICS CO 1148.0000 SSA SISTEMA JSFC 4.4200 SVST PAO SEVERSTAL 16.8200 TCS TCS GROUP HOLDING 19.3000 TMKS OAO TMK 5.4400 TRCN PJSC TRANSCONTAINER 8.0100 VTBR JSC VTB BANK 1.9370 Underlying code Underlying Name Expiration Price D7LKOD YEAR 17 DIVIDEND LUKOIL FUTURE 3.2643 YEAR 17 DIVIDEND MMC NORILSK NICKEL D7MNOD 1.8622 FUTURE D7OGZD YEAR 17 DIVIDEND GAZPROM FUTURE 0.2679 D7ROSN YEAR 17 DIVIDEND ROSNEFT FUTURE 0.1672 D7SBER YEAR 17 DIVIDEND SBERBANK FUTURE 0.3980 D7SGGD YEAR 17 DIVIDEND SURGUTNEFTEGAZ FUTURE 0.1000 D7VTBR YEAR 17 DIVIDEND VTB BANK FUTURE 0.0414 Members are asked to note that reports showing exercise/assignments should be available by approx.
    [Show full text]
  • Russian M&A Review 2017
    Russian M&A review 2017 March 2018 KPMG in Russia and the CIS kpmg.ru 2 Russian M&A review 2017 Contents page 3 page 6 page 10 page 13 page 28 page 29 KEY M&A 2017 OUTLOOK DRIVERS OVERVIEW IN REVIEW FOR 2018 IN 2017 METHODOLOGY APPENDICES — Oil and gas — Macro trends and medium-term — Financing – forecasts sanctions-related implications — Appetite and capacity for M&A — Debt sales market — Cross-border M&A highlights — Sector highlights © 2018 KPMG. All rights reserved. Russian M&A review 2017 3 Overview Although deal activity increased by 13% in 2017, the value of Russian M&A Deal was 12% lower than the previous activity 13% year, at USD66.9 billion, mainly due to an absence of larger deals. This was in particular reflected in the oil and gas sector, which in 2016 was characterised by three large deals with a combined value exceeding USD28 billion. The good news is that investors have adjusted to the realities of sanctions and lower oil prices, and sought opportunities brought by both the economic recovery and governmental efforts to create a new industrial strategy. 2017 saw a significant rise in the number and value of deals outside the Deal more traditional extractive industries value 37% and utility sectors, which have historically driven Russian M&A. Oil and gas sector is excluded If the oil and gas sector is excluded, then the value of deals rose by 37%, from USD35.5 billion in 2016 to USD48.5 billion in 2017. USD48.5bln USD35.5bln 2016 2017 © 2018 KPMG.
    [Show full text]
  • Notes on Moscow Exchange Index Review
    Notes on Moscow Exchange index review Moscow Exchange approves the updated list of index components and free float ratios effective from 16 March 2018. X5 Retail Group N.V. (DRs) will be added to Moscow Exchange indices with the expected weight of 1.13 per cent. As these securities were offered initially, they were added without being in the waiting list under consideration. Thus, from 16 March the indices will comprise 46 (component stocks. The MOEX Russia and RTS Index moved to a floating number of component stocks in December 2017. En+ Group plc (DRs) will be in the waiting list to be added to Moscow Exchange indices, as their liquidity rose notably over recent three months. NCSP Group (ords) with low liquidity, ROSSETI (ords) and RosAgro PLC with their weights now below the minimum permissible level (0.2 per cent) will be under consideration to be excluded from the MOEX Russia Index and RTS Index. The Blue Chip Index constituents remain unaltered. X5 Retail Group (DRs), GAZ (ords), Obuvrus LLC (ords) and TNS energo (ords) will be added to the Broad Market Index, while Common of DIXY Group and Uralkali will be removed due to delisting expected. TransContainer (ords), as its free float sank below the minimum threshold of 5 per cent, and Southern Urals Nickel Plant (ords), as its liquidity ratio declined, will be also excluded. LSR Group (ords) will be incuded into SMID Index, while SOLLERS and DIXY Group (ords) will be excluded due to low liquidity ratio. X5 Retail Group (DRs) and Obuvrus LLC (ords) will be added to the Consumer & Retail Index, while DIXY Group (ords) will be removed from the Index.
    [Show full text]
  • Annual Report
    2014 ANNUAL REPORT TABLE OF CONTENTS Sistema today 2 Corporate governance system 91 History timeline 4 Corporate governance principles 92 Company structure 8 General Meeting of shareholders 94 President’s speech 10 Board of Directors 96 Strategic Review 11 Commitees of the Board of Directors 99 Strategy 12 President and the Management Board 101 Sistema’s financial results 20 Internal control and audit 103 Shareholder capital and securities 24 Development of the corporate 104 governance system in 2014 Our investments 27 Remuneration 105 MTS 28 Risks 106 Detsky Mir 34 Sustainable development 113 Medsi Group 38 Responsible investor 114 Lesinvest Group (Segezha) 44 Social investment 115 Bashkirian Power Grid Company 52 Education, science, innovation 115 RTI 56 Culture 117 SG-trans 60 Environment 119 MTS Bank 64 Society 121 RZ Agro Holding 68 Appendices 124 Targin 72 Binnopharm 76 Real estate 80 Sistema Shyam TeleServices 84 Sistema Mass Media 88 1 SISTEMA TODAY Established in 1993, today Sistema including telecommunications, companies. Sistema’s competencies is a large private investor operating utilities, retail, high tech, pulp and focus on improvement of the in the real sector of the Russian paper, pharmaceuticals, healthcare, operational efficiency of acquired economy. Sistema’s investment railway transportation, agriculture, assets through restructuring and portfolio comprises stakes in finance, mass media, tourism, attracting industry partners to predominantly Russian companies etc. Sistema is the controlling enhance expertise and reduce
    [Show full text]
  • An Overview of Boards of Directors at Russia's Largest Public Companies
    An Overview Of Boards Of Directors At Russia’s Largest Public Companies Andrei Rakitin Milena Barsukova Arina Mazunova Translated from Russian August 2020 Key Results According to information disclosed by 109 of Russia’s largest public companies: “Classic” board compositions of 11, nine, and seven seats prevail The total number of persons on Boards of the companies under study is not as low as it might seem: 89% of all Directors were elected to only one such Board Female Directors account for 12% and are more often elected to the audit, nomination, and remuneration committees than to the strategy committee Among Directors, there are more “humanitarians” than “techies,” while the share of “techies” among chairs is greater than across the whole sample The average age for Directors is 53, 56 for Chairmen, and 58 for Independent Directors Generation X is the most visible on Boards, and Generation Y Directors will likely quickly increase their presence if the impetuous development of digital technologies continues The share of Independent Directors barely reaches 30%, and there is an obvious lack of independence on key committees such as audit Senior Independent Directors were elected at 17% of the companies, while 89% of Chairs are not independent The average total remuneration paid to the Board of Directors is RUR 69 million, with the difference between the maximum and minimum being 18 times Twenty-four percent of the companies disclosed information on individual payments made to their Directors. According to this, the average total remuneration is approximately RUR 9 million per annum for a Director, RUR 17 million for a Chair, and RUR 11 million for an Independent Director The comparison of 2020 findings with results of a similar study published in 2012 paints an interesting dynamic picture.
    [Show full text]
  • 25022014 DMG FY 2013 Operating Results ENG Final Clean
    OJSC DETSKY MIR INCREASED NET INCOME BY 7.2% TO RUB 657 MLN FOR 9 MONTHS 2015 18 November 2015. Russia, Moscow. OJSC Detsky Mir (hereinafter referred to as "Detsky Mir" or "the Company"), Russia's largest children's goods retailer, announces its unaudited financial results under US GAAP for 9M 2015 ended on 30 September 2015. KEY UNAUDITED FINANCIAL AND OPERATING RESULTS FOR 9M 2015 1 o OIBDA increased from RUB 2 263 mln in the first 9 months of 2014 to RUB 2 940 mln in 9 months of 2015, and OIBDA margin amounted to 7.4% o Revenue grew by 34.1% compared to 9M 2014, and reached RUB 40.0bn o The Company opened 49 new stores, including 48 Detsky Mir stores and 1 ELC store o Selling space reached 435,000 sq m in 9M 2015 2 o Like-for-like sales gained 13.8% (with the number of checks growing by 4.3%, and the average check growing by 9.1%) o Gross profit grew by 26.7% in 9M 2015 to RUB 13.8bn; gross margin amounted to 34.6% o Selling, general and administrative expenses to revenue ratio fell from 29.1% to 27.3% due to increased operating efficiency and measures taken to reduce costs o Net income grew by 7.2% to RUB 657 mln compared to the same period of the last year o The Company’s net debt totaled RUB 16.5 bn as of 30 September 2015. The increase in net debt from the beginning of 2015 is due to the active development of the company's retail chain, the construction of a new distribution center and other investment projects KEY UNAUDITED RESULTS FOR THE 12 MONTHS ENDED SEPTEMBER 2015.
    [Show full text]
  • Results of the Board of Directors Meeting on December 23, 2020
    Results of the Board of Directors Meeting on December 23, 2020 PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting in absentia on December 23, 2020. Resolutions passed on Items of the agenda: Item 1: On Approval of the Report on Implementation of the RusHydro Annual Integrated Purchasing Program for 9 Months of 2020. Adopted Resolution: The report on implementation of the PJSC RusHydro Annual Integrated Purchasing Program for 9 months of 2020 (Schedule No. 1 to the Minutes) be approved. Item 2: On Approval of the RusHydro Annual Integrated Purchasing Program for 2021. Adopted Resolution: The RusHydro Annual integrated Purchasing Program for 2021 (Schedule No. 2 to the Minutes) be approved. Item 3: On Approval of the Company Register of the Non-Core Assets, updated, and the Action Plan for the Non-Core Assets Sale. Adopted Resolution: The following be approved: Register of the Non-Core Assets of RusHydro, in the new revision (Schedule No. 3 to the Minutes); Action Plan for the RusHydro Non-Core Assets Sale for 2020 (Q4) – 2021 (Schedule No. 4 to the Minutes). Item 4: On Review of the Report on Compliance with the RusHydro Information Policy. Adopted Resolution: The Report on Compliance with the RusHydro Information Policy be taken into consideration (Schedule No. 5 to the Minutes). Item 5: On Authorizing to Concurrently Hold Positions in management bodies of other organizations. Adopted Resolution: Viktor Viktorovich Khmarin acting as the RusHydro sole executive body be authorized to hold positions in management bodies of other companies as well as other paid positions in other organizations, as follows: ‒ All-Russia Association of Employers “Russian Union of Industrialists and Entrepreneurs”, member of the Management Board; ‒ Global Sustainable Energy Partnership, member of the Board of Directors; ‒ Global Energy Association, member of the Supervisory Board; ‒ PJSC Inter RAO, member of the Strategy and Investments Committee under the Board of Directors.
    [Show full text]
  • QUARTERLY REPORT Public Joint-Stock Company Federal
    QUARTERLY REPORT Public Joint-Stock Company Federal Hydrogeneration Company RusHydro Issuer code: 55038-E for Q2 2018 Address of the issuer: 43/1 Dubrovinskogo St., Krasnoyarsk, Krasnoyarsk Krai 660017 The information contained herein is subject to disclosure pursuant to the securities legislation of the Russian Federation ___________________ N. G. Shulginov Chairman of the Management Board – General Director Date: August 14, 2018 Deputy Director of the Accounting and Tax Department – Deputy _________________ K. V. Permyakov Chief Accountant Date: August 14, 2018 Contact Person: Anna Aleksandrovna Shamne, Chief Expert of the Equity and Information Disclosure Directorate of the Corporate Governance and Property Management Department Telephone: +7 800 333 8000 Fax: +7 495 225 3737 Email: [email protected] The address of the internet site(s) where the information contained herein is to be disclosed: http://www.e-disclosure.ru/portal/company.aspx?id=8580, www.rushydro.ru Table of Contents I. Information on Bank Accounts, the Auditor (Audit Organization), Appraiser, and Financial Adviser of the Issuer and on Persons Who Signed the Quarterly Report ....................................................................................... 6 1.1. Information on the Issuer's Bank Accounts ...................................................................................................... 6 1.2. Information on the Issuer's Auditor (Audit Organization) ............................................................................... 6 1.3. Information
    [Show full text]
  • Detsky Mir Group Adjusted EBITDA Increased by 15.2% Yoy in 2020
    Detsky Mir Group Adjusted EBITDA Increased by 15.2% YoY in 2020 Moscow, Russia, 1 March 2021 – Detsky Mir Group (the “Group”, “Detsky Mir” or the “Company”, MOEX: DSKY), the largest children’s goods retailer in Russia and Kazakhstan, announces its audited financial results in accordance with International Financial Reporting Standards (IFRS) for the fourth quarter and twelve months ended 31 December 2020. Q4 2020 Financial Highlights1 . Group consolidated revenue increased by 14.3% year-on-year to RUB 44.5 bn, compared to RUB 38.9 bn in Q4 2019. Online revenue2 increased 2.2x year-on-year to RUB 12.7 bn. o The share of online sales in total revenue of Detsky Mir in Russia increased 1.9x year-on-year to 29.7%. o The share of in-store pick-up service amounted to 83.4%. Revenue in Kazakhstan increased by 21.0% year-on-year to RUB 1.4 bn. Like-for-like sales3 at Detsky Mir stores in Russia and Kazakhstan grew by 5.9%. The number of tickets increased by 1.2%, while the average ticket grew 4.7%. Like-for-like sales at Detsky Mir stores in Russia grew by 5.7%. The number of tickets increased by 1.4%, while the average ticket grew by 4.3%. Detsky Mir opened 41 new branded stores4 in Q4 2020, as well as 11 new Detmir Pickup stores and 7 new Zoozavr stores. The Group had 868 stores5 as of 31 December 2020. Total selling space increased by 6.4% year-on-year to approximately 897,000 sq.
    [Show full text]
  • Market News Company News SECURITIES MARKET NEWS
    SSEECCUURRIIITTIIIEESS MMAARRKKEETT NNEEWWSSLLEETTTTEERR weekly Presented by: VTB Bank, Custody January 21, 2021 Issue No. 2021/02 Market News Finance Ministry fully places RUB 20 bln OFZ bonds On January 20, 2021 Russia’s Finance Ministry said in a statement that it hd fully placed RUB 20 bln of OFZ 26234 bonds with a fixed coupon maturing in July 2025 at an auction on January 20. The cut-off rate amounted to 96.0801% and the weighted average rate stood at 96.162%. The cut-off yield stood at 5.57% and the weighted average yield at 5.55%. Demand for the bonds totaled RUB 38.97 bln. Company News Rosseti terminates CEO Livinsky, appoints Lenenergo CEO Ryumin On January 16, 2021 it was disclosed by reporters that Russian state power grid holding Rosseti had terminated powers of CEO Pavel Livinsky ahead of schedule, and appointed Andrei Ryumin, CEO of the company’s subsidiary Rosseti Lenenergo, as the company’s acting CEO. In its turn, the board of directors of Rosseti Lenenergo has terminated the powers of Ryumin ahead of schedule and appointed Chief Engineer Igor Kyuzmin as the company’s acting CEO. Livinsky was elected as the CEO of Rosseti in September 2017. Earlier in January, Kommersant business daily reported quoting sources that the government may appoint Livinsky as a head of an energy department that would be created in the framework of an administrative reform. Cherkizovo Group board again approves offering of 10.3 mln shares On January 17, 2021 it was stated that the board of directors of Russian meat producer Cherkizovo Group had again approved a public offering of 10.262 mln additional shares at a meeting that had took place on January 16.
    [Show full text]
  • SDN Self Assessment
    SDN ACCREDITED MASTER Self-assessment by Irina Baranova SUBMITTED ON 05 JUN 2020 I currently work as a/at: Co-owner and partner at the consulting agency INEX Partners https://inex.partners My LinkedIn profile: https://www.linkedin.com/in/irina-baranova-b417941/ My social media channels: https://www.facebook.com/kuteneva My educational background: Visiting Researcher at Stanford (Center for Design Research, Hasso Plattner Institute of Design Thinking), course on Design Thinking approach, 2006-2007 Co-author and author of courses on Design Thinking and Service Design since 2007 in Russia (Moscow State University, Business School Skolkovo, High School of Economics) Course "Innovation Design", INSEAD, May 2019 March 16-20, 2020, Future London Academy, Design Thinking&Innovation Week The following theories are the key components of my approach to service design: Anthropology Human-centered design Participatory Design Neuropsychology System Thinking These are the most relevant resources I base my work on and I recommend them as a body of knowledge in service design: https://www.thisisservicedesigndoing.com https://www.service-design-network.org https://www.ozon.ru/context/detail/id/137939562/ https://www.ozon.ru/context/detail/id/160373891/ Self-assessment by Irina Baranova I have X years of working experience in service design: 10 I have particular experience in the following service sectors: Education Finance Retail Talent Development&Human Resources Government These are the service design projects I have successfully delivered: 2013 – 2018 – methodologist, trainer and trainer for trainers of the program Design Thinking Programme for Sberbank staff 2015 - 2017 – trainer and methodology co-creator at the Design Thinking Laboratory (Sberbank) https://www.service-design- network.org/community-knowledge/the-road-to-client-service-with-russias-largest-bank 2016 – 2020 – trainer of Design Thinking and Service Design Academy in Ukraine https://ideasfirst.info/events/service-design-academy-3-2/ 2016 – Redesign client experience for https://eva.ua.
    [Show full text]
  • US Sanctions on Russia
    U.S. Sanctions on Russia Updated January 17, 2020 Congressional Research Service https://crsreports.congress.gov R45415 SUMMARY R45415 U.S. Sanctions on Russia January 17, 2020 Sanctions are a central element of U.S. policy to counter and deter malign Russian behavior. The United States has imposed sanctions on Russia mainly in response to Russia’s 2014 invasion of Cory Welt, Coordinator Ukraine, to reverse and deter further Russian aggression in Ukraine, and to deter Russian Specialist in European aggression against other countries. The United States also has imposed sanctions on Russia in Affairs response to (and to deter) election interference and other malicious cyber-enabled activities, human rights abuses, the use of a chemical weapon, weapons proliferation, illicit trade with North Korea, and support to Syria and Venezuela. Most Members of Congress support a robust Kristin Archick Specialist in European use of sanctions amid concerns about Russia’s international behavior and geostrategic intentions. Affairs Sanctions related to Russia’s invasion of Ukraine are based mainly on four executive orders (EOs) that President Obama issued in 2014. That year, Congress also passed and President Rebecca M. Nelson Obama signed into law two acts establishing sanctions in response to Russia’s invasion of Specialist in International Ukraine: the Support for the Sovereignty, Integrity, Democracy, and Economic Stability of Trade and Finance Ukraine Act of 2014 (SSIDES; P.L. 113-95/H.R. 4152) and the Ukraine Freedom Support Act of 2014 (UFSA; P.L. 113-272/H.R. 5859). Dianne E. Rennack Specialist in Foreign Policy In 2017, Congress passed and President Trump signed into law the Countering Russian Influence Legislation in Europe and Eurasia Act of 2017 (CRIEEA; P.L.
    [Show full text]