Achieving Our Goals

Total Page:16

File Type:pdf, Size:1020Kb

Achieving Our Goals Achieving our goals Annual Report 2013 Our goal remains the same – it’s to be a leader in value creation Achieving our goals Strategic Priorities: See page 1 8 Increased Focus on FCF Generation The Business System of Severstal: See page 10 Delivering Benefi ts Cost reduction initiatives See page 22 Proactive deleveraging: Lowering the gross debt See page 39 by almost US$1 billion in 2013 Performance highlights The highest share of Highly diversifi ed sales high value-added geography (Severstal Group steel in Russia (in total steel Highly diversifi ed client base FY 2013 revenue breakdown shipments of Severstal (Severstal Russian Steel’s by region) Russian Steel , 2013) revenue by industry , 2013) Europe North Other 15% Central America 14% Asia and High value- 30% China Other steel added Automotive products 3% 6% Other 7% 48% 52% Tube and pipemaking 12% Machinery 9% Oil and Gas Construction 7% and processing Russia 52% 45% COMPANY OVERVIEW STRATEGY PERFORMANCE SUSTAINABILITY GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION Introduction Company overview Sustainability Severstal at a glance 6 Our Principles 66 Severstal’s Business Model 8 Occupational and industrial safety 68 The Business System of Severstal: 10 Environmental protection 70 Delivering Benefi ts Employees 74 Chairman statement 12 Social investment 78 CEO statement 14 Governance Strategy Board composition 82 Strategic Priorities: Increased Focus 18 Corporate governance statement 92 on Free Cash Flow Generation Risk report 104 Management Q&A 20 Case 1 – Improving the cost of production 22 Financial statements at our steel and mining operations Consolidated income statements 114 Case 2 – Smart CAPEX 24 Consolidated statements of comprehensive income 115 Case 3 – Flexibility of sales with sizable 26 export revenues Consolidated statements of fi nancial position 116 Case 4 – A reliable supplier to automotive industry 28 Consolidated statements of cash fl ows 117 Consolidated statements of changes in equity 118 Performance COO statement 32 Additional information CFO statement 34 Shareholder information 121 Business overview 36 Terms and abbreviations 123 Severstal Resources 40 Contacts 124 Severstal Russian Steel 48 Severstal International 58 Our online annual report can bee found at: www.reports.severstal.com THE HIGHEST SHARE OF HIGH VALUE-ADDED STEEL IN RUSSIA 48% 48% 52% 52% Severstal Annual Report and Accounts 2013 3 COMPANY OVERVIEW STRATEGY PERFORMANCE SUSTAINABILITY GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION Severstal at a glance 6 Company overview Severstal’s Business Model 8 The Business System of Severstal: Delivering Benefi ts 10 Chairman statement 12 CEO statement 14 Severstal at a glance OAO Severstal (“Severstal”, Severstal Resources “the Company”, or “the Group”) Severstal Resources manages all of Severstal’s mining assets, and forms the basis of Severstal’s vertically integrated business model. It is a vertically integrated steel satisfi es almost all the iron ore and hard coking coal requirements of Severstal Russian Steel and, some of the requirements of Severstal’s and steel-related mining company International steel operations, while also selling increasing volumes to external customers. The coal businesses are among Russia’s top with major assets in Russia fi ve coking coal producers, while the iron ore businesses are leaders and the USA, as well by extraction volume in their respective markets. as investments in other locations. Operations began in 1955 at Cherepovets Steel Mill in Russia. Since becoming a private company in 1993, Severstal has Severstal Russian Steel Severstal Russian Steel is a leading Russian steel producer, offering been growing and a broad product mix, with a high proportion of high value-added fl at steel products, and increased production of long products for expanding internationally. construction and downstream sales. Its fl agship Cherepovets steel mill is one of the lowest-cost steel mills in the world, and is conveni- The company is listed on the ently located for access from the company’s mining operations, and Moscow Exchange (MICEX) and its to the Baltic ports and Russia’s industrial heartland. GDRs are traded on the London Stock Exchange (LSE). Severstal’s strategic aim is building a healthy and high-quality business that would generate higher than market Severstal International average earnings through the cycle. Severstal International is a modern steel producer with two of the Severstal comprises three business most advanced facilities in North America, in Dearborn and Colum- bus. Modern facilities allow capital expenditure and maintenance divisions: Severstal Resources, levels to remain low, and production can focus on high value-added products. The division has long-standing, solid relationships with Severstal Russian Steel and leading customers in the automotive, construction, pipe and tube, Severstal International. and other sectors, and is well-positioned in these markets. Severstal 6 Annual Report and Accounts 2013 COMPANY OVERVIEW STRATEGY PERFORMANCE SUSTAINABILITY GOVERNANCE FINANCIAL STATEMENTSTATEMENTS ADDITIONAL INFORMATION Iron ore sales volumes at Coal sales volumes at Olenegorsk Severstal Resources Severstal Resources (mln tonnes) (mln tonnes) Kostomuksha Vorkuta 15.2 15.1 10.5 10.1 Friedens 2012 2013 2012 2013 Liberia Highly diversifi ed sales The highest share of geography (Severstal Group high value-added steel in FY 2013 revenue breakdown Russia (in total steel by region) shipments of Severstal Europe Sheksna North Russian Steel in 2013) 15% Central St. Petersburg Cherepovets America Kolpino Asia and High value- 30% China Other steel added products Vsevolzhsk Moscow 3% Kaluga 48% Orel Balakovo Other 7% 52% Dnepropetrovsk Volgograd Milan Russia 45% Highly diversifi ed client base The fastest growing (Severstal Russian Steel’s segments of the HVA revenue by industry in 2013) portfolio (in tonnes in total steel shipments of Severstal Russian Steel in 2013) Dearborn Other 14% Automotive Downstream 1,786,460 Friedens 6% products 1,920,722 Columbus Tube and 684,867 pipemaking Hot-rolled 12% plate 772,469 Machinery 9% Color coated 367,821 Oil and Gas Construction 7% and processing coil 447,827 52% 2012 2013 Severstal Annual Report and Accounts 2013 7 Severstal’s Business Model A resilient business model combining low-cost Our primary strategic objective is to steel production and self-suffi ciency in raw build a sustainable and high-quality materials business to generate higher than Russia is one of the world’s lowest cost regions for steel production. Severstal also enjoys a unique position in the steel industry thanks industry average earnings to almost full self-suffi ciency in iron ore and more than self-suffi - ciency in coking coal. Our mining assets are located close to the throughout the industry cycle. Company’s steel operations, and through producing a surplus of iron ore pellets and coking coal, Severstal is able to sell large volumes of Severstal’s fundamental strengths mining products to customers in Russia and internationally . to help achieve this include: Strong presence in the Russian markets with the fl exibility for export sales The domestic market in Russia remains Severstal’s priority, with a special focus on the North-Western and Central regions of the country. In these regions we benefi t from the highest levels of steel consumption in the country as well as enjoying a logistical advan- tage not available to our competitors thanks to the location and quality of our assets. Our focused approach to our target markets has enabled Severstal to increase its market share in Russia in 2013. Severstal’s operations enjoy a more favourable geographic position for serving export markets than the majority of its Russian competi- tors. This makes export sales more attractive and viable for Severstal as the difference between the cost of selling domestically and internationally is reduced. This provides Severstal with a more fl e- xible sales structure and therefore allows the Company to generate higher than industry average earnings. With two steel units in the USA (Severstal North America), Sever- stal has a diversifi ed end-market customer base with strong and established positions in the automotive, construction and pipe and tube industry segments. 2014 marks the ten year anniversary of Severstal’s presence in the US market. Severstal 8 Annual Report and Accounts 2013 COMPANY OVERVIEW STRATEGY PERFORMANCE SUSTAINABILITY GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION Growing our share in high margin segments Unlocking the value of self-help initiatives We have a clear value-over-volume strategy. Severstal has a leading Severstal’s Business System is a company-wide set of projects aimed position amongst its Russian steelmaking peers in terms of share at delivering operational improvements. The Business System of high value-added (HVA), higher margin products in its sales projects deliver operational, organisational and cultural changes. In portfolio, at around 50 per cent. Driving further growth in the high- 2013, these initiatives further enhanced our effi ciency and reduced margin segment requires continuous improvement to our product our costs, including through the optimisation of the Group’s mana- quality and the development of a wide range of premium services. gement structure. Our attention to detail and philosophy of “leaving Consequently, we have a constant dialogue with our customers in no stone unturned” to drive effi ciency enabled us to generate the order to develop
Recommended publications
  • Economic and Social Changes: Facts, Trends, Forecast
    THE RUSSIAN ACADEMY OF SCIENCES INSTITUTE OF SOCIO-ECONOMIC DEVELOPMENT OF TERRITORIES OF RAS ECONOMIC AND SOCIAL CHANGES: FACTS, TRENDS, FORECAST 6 (36) 2014 The journal is published according to the decision of RAS economic institutions’ administration in the Northwestern Federal District Institute of Economics of Karelian Scientific Centre of RAS (Karelia Republic) G.P. Luzin Institute of Economic Problems of Kola Scientific Centre of RAS (Murmansk Oblast) Institute of Socio-Economic Development of Territories of RAS (Vologda Oblast) and according to the decision of the administration of Saint Petersburg State University of Economics and Finance Cherepovets State University (Vologda Oblast) and RAS institutions of other RF regions Institute of Social and Economic Research of Ufa Science Centre of RAS (Bashkortostan Republic) Institute of Economics of the Ural RAS Department (Sverdlovsk Oblast) The decision of Presidium of the Higher Attestation Commission of the Russian MES (No.6/6, dated 19.02.2010) the journal is included in the list of leading scientific editions, recommended for publication of the main results of dissertations for the degree of Doctor and Candidate of Sciences. The journal is included into databases: VINITI RAS, Ulrich's Periodicals Directory, Index Copernicus International, EBSCOhost, Proquest, and also into the Russian Science Citation Index, and is presented in the open access on the platform of the Scientific e-Library (http://www. elibrary.ru). In 2014 the German National Library of Economics included the Journal into its fund. The journal is also sent to the Library of Congress, the USA. All research articles submitted to the Journal are subject to mandatory peer-review.
    [Show full text]
  • Dismantling of Hipped Roof and Restoration of Cribbed Structure of Monastic Buildings, Churches and Temples
    E3S Web of Conferences 164, 02021 (2020) https://doi.org/10.1051/e3sconf /2020164020 21 TPACEE-2019 Dismantling of hipped roof and restoration of cribbed structure of monastic buildings, churches and temples Dmitry Zhivotov1,*, and Olga Galaktionova1 1Deputy Director for restoration of the limited liability Company “AVK Group” (LLC “AVK Group”), Saint Petersburg, Russia Abstract. The paper is devoted to the problem of adaptation and restoration of monastic structures, churches and temples without complete dismantling of the elements of the main load-bearing structures, using technologies and methods of work that allow delicately and effectively restoring the most important elements of buildings. The progress of work on the restoration of the hipped roof, using the lifting method - lifting the load-bearing part of the cribbed roof structure, is accurately and consistently described in the paper, as well as flexibility and efficiency in choosing a new solution for lifting, taking into account the features of the object identified during the work. The work on raising the roof was carried out during the course of adapting the building to modern use, based on the needs of the Kirillo-Belozersky museum-reserve. 1 Introduction Kirillo-Belozersky historical, architectural and art museum-reserve is located in the Kirillov city of Vologda region. The history of its creation dates back to 1924, and at first it was a branch (department) of the Cherepovets district provincial Museum. In 1926, it was transferred to the Main Science Department of People’s Commissariat for Education and became an independent Museum, and in 1929 the first permanent exhibition was opened [13].
    [Show full text]
  • Severstal Corporate Social Responsibility and Sustainable Development Report 2017
    BUSINESS AND CORPORATE CORPORATE OCCUPATIONAL SAFETY AND SOCIAL PROJECTS AND ABOUT THIS ABOUT SEVERSTAL EMPLOYEES SOCIAL RESPONSIBILITY GOVERNANCE ENVIRONMENTAL PROTECTION INVESTMENTS REPORT Severstal Corporate Social Responsibility and Sustainable Development Report 2017 1 Severstal 2 Corporate Social Responsibility and Sustainable Development Report 2017 BUSINESS AND CORPORATE CORPORATE OCCUPATIONAL SAFETY AND SOCIAL PROJECTS AND ABOUT THIS ABOUT SEVERSTAL EMPLOYEES SOCIAL RESPONSIBILITY GOVERNANCE ENVIRONMENTAL PROTECTION INVESTMENTS REPORT Table of Contents Review by Chairman of PAO Severstal 2 Occupational Safety and Environmental 82 Alexey Mordashov 5. Protection Review by Chief Executive of AO Severstal 4 Occupational Safety 84 Management Alexander Shevelev Environmental Protection 92 Power Consumption and Energy Efficiency 102 1. About Severstal 6 Core Businesses And Corporate Structure 10 6. Social Projects and Investments 106 Industry Environment and Corporate 17 External Social Programmes of Severstal: 108 Business Strategy Policy and Management Contribution to Sustainable Development of 109 2. Business and Corporate Social Responsibility 20 Severstal Regions Management of Sustainable Development 23 Social Investments and Social Partnership 112 in Severstal Support for Culture 116 2030 Agenda for Sustainable Development 25 Corporate Volunteering 119 Severstal Awards in 2017 30 Employee Participation in Environmental 120 Initiatives and Collaboration With Communities 3. Corporate Governance 32 on Environmental Matters Standards
    [Show full text]
  • Economic and Social Changes: Facts, Trends, Forecast
    THE RUSSIAN ACADEMY OF SCIENCES INSTITUTE OF SOCIO-ECONOMIC DEVELOPMENT OF TERRITORIES OF RAS ECONOMIC AND SOCIAL CHANGES: FACTS, TRENDS, FORECAST 1 (19) 2012 The journal is published according to the decision of RAS economic institutions’ administration in the North-West federal district Institute of Socio-Economic and Energy Problems of the North Komi scientific centre of the Ural RAS department (Komi Republic) Institute of Economics of Karelian scientific centre of RAS (Karelia Republic) G.P. Luzin Institute of Economic Problems of Kola scientific centre of RAS (the Murmansk region) Institute of Socio-Economic Development of Territories of RAS (the Vologda region) and according to the decision of St. Petersburg State University of Engineering and Economics administration and other RF regions Institute of Social and Economic Research of Ufa Science Centre of RAS (Bashkortostan Republic) The decision of Presidium of the Higher Attestation Commission of the Russian MES (№6/6, dated 19.02.2010) the journal is included in the list of leading scientific editions, recommended for publication of the main results of dissertations for the degree of Doctor and Candidate of Sciences. Editorial council: RAS academician V.L. Makarov (Moscow, Russia) RAS academician V.V. Ivanter (Moscow, Russia) RAS academician V.V. Okrepilov (St. Petersburg, Russia) Belarus NAS academician P.A. Vityaz (Minsk, Belarus) Belarus NAS academician P.G. Nikitenko (Minsk, Belarus) RAS corresponding member V.N. Lazhentsev (Syktyvkar, Russia) Professor J. Sapir (Paris, France) Doctor of Economics, professor S.D. Valentey (Moscow, Russia) Doctor of Economics, professor D.A. Gaynanov (Ufa, Russia) Doctor of Economics, professor V.A.
    [Show full text]
  • Idgc of the North West
    ANNUAL REPORT 2016 IDGC OF THE NORTHWEST PJSC IDGC OF THE NORTH WEST Telephone: 8-800-333-02-52 Call toll-free (twenty-four-hour) www.mrsksevzap.ru ANNUAL REPORT 2016 IDGC OF THE NORTH WEST ANNUAL REPORT INFORMATION ON THE REPORT This Annual Report (hereinafter – “the Report”) describes the perfor- mance of PJSC IDGC of the North-West (hereinafter – “the Organiza- TABLE OF CONENTS tion, the Company”) and its subsidiaries and affiliates. The Report con- tains production and financial results, as well as certain aspects of the Company’s performance in sustainable development (GRI 4) for 2016. The Report was prepared in compliance with the regulators’ re- quirements and documents regarding information disclosure, namely: • the requirement of the Central Bank of the Russian Federation for information disclosure in joint stock companies’ annual reports; • the requirement of PJSC Moscow Exchange for information disclo- sure in annual reports; STRATEGIC REPORT CORPORATE GOVERNANCE • the Corporate Governance Code recommended for use by the Central Bank of the Russian Federation; • the requirement of PJSC Rosseti for preparation of subsidiaries’ Portrait of the Company 6 General Information about the Company’s reporting. Key Performance Indicators 8 Corporate Governance Practice 136 The Report was compiled using the Sustainability Reporting History 12 Corporate Governance Structure 136 Guidelines (GRI G4). Speech of the Chairman of the Board of Directors 16 Authority and Responsibility of the Corporate The Report was formed based on the 2016 financial statements of PJSC IDGC of the North-West prepared according to the Russian Speech of the Director General 18 Governance Bodies 137 Accounting Standards.
    [Show full text]
  • Public Opinion Monitoring of the State of the Russian Society
    Public opinion monitoring of the state of the Russian society As in the previous issues, we publish the results of the public opinion monitoring of the state of the Russian society conducted by ISEDT RAS in the Vologda Oblast1. The following tables show the dynamics of a number of parameters indicating the social feeling and socio-political sentiment of the Vologda Oblast population on the average for the last six polls in December 2013 – October 2014. These data are compared with the data for 2013, 2011 (when D.A. Medvedev’s presidential term was due to expire), and 2007 (when V.V. Putin’s second presidency was coming to an end). We do not provide comparisons with 2012, since it was an incomplete year of V.V. Putin’s presidency (his inauguration took place on May 7, 2012). Estimation of performance of the authorities In comparison to 2013 the level of approval of the RF President’s performance has increased by 7 percentage points (from 55 to 62%), the share of negative assessments has decreased by 5 p.p. (from 29 to 24%). For reference: according to Russian Public Opinion Research Centre (VCIOM) (data for the first half of October 2014), the nationwide level of approval of the RF President’s performance is 88.9%, the share of negative assessments is 6%. The approval of the Prime Minister has increased by 4 p.p. (from 49 to 53%) on average for the last 6 polls compared to 2013; the proportion of disapproving characteristics has decreased by 4 p.p. (from 33 to 29%).
    [Show full text]
  • View Full Article
    YOUNG RESEARCHERS DOI: 10.15838/esc.2016.3.45.14 UDC 334.012.64(470.12), LBC 65.290.31(2Rus-4Vol) © Kremin A.E. Methodology for Assessing the Work of Small Business at the Municipal Level Aleksandr Evgen’evich KREMIN Institute of Socio-Economic Development of Territories Russian Academy of Science 56A, Gorky Street, Vologda, 160014, Russian Federation [email protected] Abstract. In order to promote sustainable socio-economic development in a municipality, its local authorities face the task of establishing an industrial and financial base on their territory, it will help increase its level of economic independence. On the basis of foreign experience and domestic research on territorial development it can be concluded that one of the most effective ways to enhance the level of socio-economic development of the municipality is to boost its small business. Effective management of this economic sector requires adequate assessment of its functioning at the municipal level. The analysis of existing methodologies for assessing the functioning of small business at the municipal level shows that none of them meets the criteria that the author of the present paper has selected and that are necessary for efficient research into the small business sector. In this regard, a methodology for estimating the work of small business at the municipal level was elaborated, and tested on the statistic data of municipal formations of the Vologda Oblast. The study reveals municipalities with the highest and lowest levels of small business development. In addition, municipalities were grouped in three blocks that represent different characteristics of their functioning.
    [Show full text]
  • Download Article
    Advances in Engineering Research, volume 177 International Symposium on Engineering and Earth Sciences (ISEES 2018) Mercury Levels in the Hair Of Indigenous Population of the Coastal Area of the Vologda Region, Russia Rumiantseva O.Y. Ivanova E.S. Ecological-research laboratory Ecological-research laboratory Department of biology Department of biology Cherepovets State University Cherepovets State University Cherepovets, Russia Cherepovets, Russia [email protected] [email protected] Elizarova A.S. Komov V.T. Department of biology Department of biology Cherepovets State University Cherepovets State University Cherepovets, Russia Cherepovets, Russia [email protected] Physiology and toxicology laboratory I.D. Papanin Institute for biology of inland waters Russian academy of sciences (IBIW RAS) Borok, Yaroslavl region, Russia [email protected] Podduobnaia N.Y. Ecological-research laboratory Department of biology Cherepovets State University Cherepovets, Russia [email protected] Abstract - Mercury or hydrargyrum (Hg) is an important industrial effects [12]. Mercury can get into the environment as neurotoxin for living organisms. Small doses of mercury can cause a result of physicochemical and biochemical processes. In water various disorders of the nervous system. The US Environmental reservoir, this metal is in an organic form (methylmercury), Protection Agency (US EPA) has established recommended levels which is more dangerous for living organisms. Initially, of mercury in hair (<1 mg / kg). The main source of mercury for mercury (Hg) enters the aquatic environment as a compound human body is fish. In the period from 2017 to 2018, 231 residents Hg+2, then it begins to interact with organic substances and with of the coastal region of North-West Russia were examined for the the help of anaerobic organisms it turns into toxic substances of determination of mercury in their hair.
    [Show full text]
  • Economic and Social Changes: Facts, Trends, Forecast
    THE RUSSIAN ACADEMY OF SCIENCES INSTITUTE OF SOCIO-ECONOMIC DEVELOPMENT OF TERRITORIES OF RAS ECONOMIC AND SOCIAL CHANGES: FACTS, TRENDS, FORECAST 5 (35) 2014 The journal is published according to the decision of RAS economic institutions’ administration in the Northwestern Federal District Institute of Economics of Karelian Scientific Centre of RAS (Karelia Republic) G.P. Luzin Institute of Economic Problems of Kola Scientific Centre of RAS (Murmansk Oblast) Institute of Socio-Economic Development of Territories of RAS (Vologda Oblast) and according to the decision of the administration of Saint Petersburg State University of Economics and Finance Cherepovets State University (Vologda Oblast) and RAS institutions of other RF regions Institute of Social and Economic Research of Ufa Science Centre of RAS (Bashkortostan Republic) Institute of Economics of the Ural RAS Department (Sverdlovsk Oblast) The decision of Presidium of the Higher Attestation Commission of the Russian MES (No.6/6, dated 19.02.2010) the journal is included in the list of leading scientific editions, recommended for publication of the main results of dissertations for the degree of Doctor and Candidate of Sciences. The journal is included into databases: VINITI RAS, Ulrich's Periodicals Directory, Index Copernicus International, EBSCOhost, Proquest, and also into the Russian Science Citation Index, and is presented in the open access on the platform of the Scientific e-Library (http://www. elibrary.ru). In 2014 the German National Library of Economics included the Journal into its fund. The journal is also sent to the Library of Congress, the USA. All research articles submitted to the Journal are subject to mandatory peer-review.
    [Show full text]
  • Evaluation of the Efficiency of Regional Health-Preserving Educational Space Formation
    PUBLIC HEALTH AND HEALTH CARE DOI: 10.15838/esc/2014.5.35.19 UDC 37.01:613(470.12), LBC 51.240.0(2Rus-4Vol) © Kasimov R.A., Razvarina I.N. Evaluation of the efficiency of regional health-preserving educational space formation Riza Akhmedzakievich KASIMOV Ph.D. in Pedagogy, Director, State Healthcare Institution “Vologda Oblast Center for Medical Prophylaxis” (9, Mira Street, Vologda, 160001, Russian Federation, [email protected]) Irina Nikolaevna RAZVARINA Senior Research Assistant, Federal State-Financed Scientific Institution the Institute of Socio-Economic Development of Territories of the Russian Academy of Sciences (56A, Gorky Street, Vologda, 160014, Russian Federation, [email protected]) Abstract. The article is devoted to the urgent problem of preserving children’s health. The author presents detailed characteristics of health-preserving educational space formation. It is regarded as a complex multilevel and multispectral system. The article defines the principles, methods, mechanisms of the health-preserving process on the municipal level. The subject of research includes the background, conditions and resources of health-preserving educational space formation. The participants of educational process (students, teachers, parents) and representatives of local authorities are the object of the research. The study aims to evaluate the efficiency of health-preserving educational space formation within various conceptual and methodological approaches and the degree of involvement of the municipal authorities. 222 5 (35) 2014 Economic and social changes: facts, trends, forecast PUBLIC HEALTH AND HEALTH CARE R.A. Kasimov, I.N. Razvarina In the course of the experiment the author tests the method of estimating the models of regional health- preserving educational space formation and healthy lifestyle training, developed by the author.
    [Show full text]
  • Public Opinion Monitoring of the State of the Russian Society
    Public Opinion Monitoring of the State of the Russian Society As in the previous issues, we publish the results of the monitoring of public opinion concerning the state of the Russian society conducted by ISEDT RAS in the Vologda Oblast1. The following tables show the dynamics of several parameters indicating the social feeling and socio-political sentiment of the Vologda Oblast population in October – December 2016, and also on average for the last six polls (February – October 2016). These data are compared with the data for 2007 (the last year of Vladimir Putin’s second presidential term, when the assessment of the President’s work was the highest) and for 2011 (the last year of Dmitri Medvedev’s presidency). The yearly dynamics of the data is presented beginning from 2013. Estimation of performance of the authorities In October – December 2016, the assessment of work of the President of the Russian Federation did not change significantly (67–68%). Approval of the President’s work remains stable throughout 2016 and corresponds to the level of 2015 (69%). The assessment of the work of the Chairman of the Government of the Russian Federation over the past two months has not changed either: the share of positive judgements is 50%. It is lower than in the beginning of 2016 (in February, the level of support of the Chairman of the Government was 55%). In general, for the year 2016, the proportion of positive judgments about the work of the Prime Minister was 52%, which is lower than in 2014–2015 (54–58%). For reference: the nationwide level of approval of the RF President’s performance remains stable.
    [Show full text]
  • Public Opinion Mon Itoring of the State of the Russian Society
    Public Opinion Mon itoring of the State of the Russian Society As in the previous issues, we publish the results of the public opinion monitoring of the state of the Russian society conducted by ISEDT RAS in the Vologda Oblast1. The following tables show the dynamics of a number of parameters indicating the social feeling and socio-political sentiment of the Vologda Oblast population in August – October 2016, and also on average for the last six polls (October 2015 – August 2016). These data are compared with the data for 2007 (the last year of Vladimir Putin’s second presidential term, when the assessment of the President’s work was the highest) and for 2011 (the last year of Dmitri Medvedev’s presidency). The yearly dynamics of the data is presented beginning from 2013. Estimation of performance of the authorities In August – October 2016, the assessment of work of the President of the Russian Federation did not change significantly and amounted to 68–69%. Approval of the President’s work remains at the level of 2015 (69%), which is significantly higher that in 2011–2014 (55–64%). Approximately one in five residents of the Vologda Oblast (20%) gives negative assessments of the President’s work, which is slightly higher than in 2015 (18%) and significantly exceeds the level of 2007 (12%). The assessment of the work of the Chairman of the Government of the Russian Federation over the past two months became slightly worse: the percentage of positive judgments decreased from 53 to 49%; the share of negative judgements increased from 28 to 31%.
    [Show full text]