Leadership in operational efficiency is one of the priority
development areas for MMK under its updated strategy for the period
up to 2025. For several years, the Company has been consistently and
comprehensively working to reduce the consumption of material, fuel,
energy, and other resources, as well as searching for reserves for
further efficiency improvement. Production efficiency improvement
programmes are implemented in all production and functional divisions
of the Company. Due to this, between 2016 to 2020, an additional
profit of RUB 27.1 billion was received compared to 2015, including
over RUB 4.0 billion from low-cost and fast-return projects (baby
capex).
The search for efficiency improvement reserves
continued in 2021. For H1 2021, an economic result of more than RUB
2.4 billion was obtained. In particular, RUB 1 billion of additional
profit was brought by measures to improve the efficiency of
technological processes. The introduction of baby capex gave an
economic result of RUB 468 million in the first half of the year.
Energy-saving projects brought the company RUB 534 million and
innovation projects brought over RUB 357 million.
Regarding the distribution of saved resources, the
greatest economic effect was achieved by savings of fuel and energy
resources (RUB 1.134 billion), raw and basic materials (RUB 528
million), as well as additional materials (RUB 367 million). In the
second half of 2021, the Company is hoping to achieve an effect that
is as good as in the first six months of this year.
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