EQS-News: ChelPipe Group is taking comprehensive measures to prevent infectious diseases and COVID-19

EquityStory.RS, LLC-News: ChelPipe Group / Key word(s): Miscellaneous 
ChelPipe Group is taking comprehensive measures to prevent infectious 
diseases and COVID-19 
 
2020-03-23 / 15:40 MSK 
The issuer is solely responsible for the content of this announcement. 
 
   ChelPipe Group is taking comprehensive measures to prevent infectious 
                           diseases and COVID-19 
 
23 March 2020 
 
  The Chelyabinsk Pipe Plant (ChelPipe Group), a leading Russian producer of 
 tubular products and a supplier of integrated solutions for the oil and gas 
 industry, announces measures to prevent infectious diseases and COVID-19 at 
                                                               its premises. 
 
      HSE is of utmost priority for ChelPipe, and the Group has developed an 
          anti-crisis plan to prevent infectious diseases at its offices and 
 production sites. The measures include restriction of business and personal 
 travel in Russia and abroad for ChelPipe Group employees and switching from 
 business meetings in person to remote negotiations using advanced technical 
       solutions. Production shifts and handover procedures are scheduled to 
                                                  minimise personal contact. 
 
     Some of the Company employees nowwork remotely, and the students of the 
       corporate Future of METAllurgyeducation programme proceed with online 
  learning using advanced classroom technology. ChelPipe Group has suspended 
   its corporate mass events scheduled for the first ten days of April until 
       the epidemiological situation improves, with the event calendar to be 
                                           updated subject to circumstances. 
 
    The Company's production sites are equipped with hand sanitiser which is 
     within easy reach; employees have their temperature measured on a daily 
         basis; offices and production shops are additionally sanitised with 
                                                              disinfectants. 
 
   Moreover, we have intensified our internal communications on the measures 
  being taken to prevent viral infections, as recommended by Rospotrebnadzor 
 (Russian Federal Service for Surveillance on Consumer Rights Protection and 
      Human Wellbeing). Awareness posters are displayed at all the Company's 
 facilities, and there is ongoing communication via email and text messages, 
                                the intranet, corporate newspaper and radio. 
 
    "Health is one of the key values of the corporate philosophy of ChelPipe 
         Group, and the Company is actively working to prevent the spread of 
    infectious diseases and to protect the health of its employees. ChelPipe 
 Group will continue to effectively implement a set of approved measures, as 
 well as providing support to employees via a hotline which operates through 
"Vsya Medicina", the Company's corporate medical centre. Please rest assured 
  that ChelPipe Group continues to operate as usual," says Boris Kovalenkov, 
                                                      CEO of ChelPipe Group. 
 
Media contacts 
 
                                                              ChelPipe Group 
 
                                      Head of ChelPipe Group's press service 
 
                                                         Tatyana Cherepanova 
 
                                                  [phone] ext. 4489 
 
                                                            [phone] 
 
                                                   [e-mail] 
 
                                                                          EM 
 
                                                               Denis Denisov 
 
                                                            [phone] 
 
                                                        [e-mail] 
 
                                                                    About us 
 
 ChelPipe Group is a major player in the Russian metals market with a highly 
  diversified customer base. In 2019, the Company accounted for 18% of total 
     shipments by Russian tubular product makers. The Company's share in the 
     high-margin segments of OCTGs and large-diameter pipes was 19% and 31%, 
                                                               respectively. 
 
 ChelPipe Group is a ferrous metals company running Chelyabinsk Pipe Rolling 
  Plant, Pervouralsk New Pipe Plant, a warehouse complex for selling tubular 
   products in Russian regions, scrap metal collector META, a trunk pipeline 
  division comprising SOT, ETERNO, and MSA (Czech Republic), and an oilfield 
                    services division operating under the name Rimera Group. 
 
      Thanks to the use of safe technologies and materials, ChelPipe Group's 
         upgraded facilities boast a small environmental footprint and green 
         products. The Company also supports social programmes and helps its 
                                     employees maintain a healthy lifestyle. 
 
2020-03-23 MSK Dissemination of a Corporate News, transmitted by 
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The issuer is solely responsible for the content of this announcement. 
 
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Archive at www.dgap.de 
Language:    English 
Company:     ChelPipe Group 
             5, Lesnaya St., Bld. V 
             125047 Moskow 
             Russia 
Phone:       [phone] 
E-mail:      [e-mail] 
Internet:    https://chelpipegroup.com 
ISIN:        XS2010044548, US16325LAA52 
Listed:      Foreign Exchange(s) Moscow 
EQS News ID: 1004093 
 
End of News EquityStory.RS, LLC News Service 
 
1004093 2020-03-23 MSK 
 
 

(END) Dow Jones Newswires

March 23, 2020 08:40 ET (12:40 GMT)