Evraz Charity Fund will distribute 9 million CZK

17.8.2010

Evraz Charity Fund will distribute 9 million CZK

Ostrava, August 17, 2010 Evraz Charity Fund announced another call for the application for grants. The contribution in the total amount of 9 million CZK is aimed especially at disadvantaged and handicapped children, suffering especially from cerebral palsy. The applications shall be delivered by October 11th, 2010 the grants will be selected and distributed by the end of 2010.

Evraz Charity Fund was established in 2006 by EVRAZ VÍTKOVICE STEEL with the aim to support the long-term development of the Moravian-Silesian region, especially in social affairs, culture, science and education, sports, healthcare and business environment. "Even though the list of activities supported by Evraz Charity Fund is quite long, we decided to continue with our support of projects aimed at handicapped children and young people, especially suffering from cerebral palsy," says Zbyněk Kvapík, CEO of EVRAZ VÍTKOVICE STEEL. "With this call we would like to address the regional organisations which are active in this area and the financial contribution can help them to improve the quality of care, extend their medical programmes or open new possibilities for the adaptation of handicapped children to the society," added Mr. Kvapik.

Last year the Fund selected 39 projects of 34 organizations and contributed with 8.9 million CZK. Organizations from all over the Moravian-Silesian region were among the successful applicants. The financial contribution ranged from dozens to hundred thousand CZK, University Hospital Ostrava with the project of sonographic machine for the children‘s neurology clinic received 1.5 million CZK or Sports complex for physically handicapped children in Metylovice medical centre, which received 800,000 CZK, were among the biggest projects supported by the Evraz Charity Fund.

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For further information please contact:

Jaromír Krišica, tiskový mluvčí
EVRAZ VÍTKOVICE STEEL, a.s.
+420 603 543 572
krisica@crestcom.cz

EVRAZ VÍTKOVICE STEEL concentrates on the production of steel and steel products - heavy plates, heavy and medium sections, and flame-cut shapes from heavy plates. The company aims to continue increasing the sales of its products with high added value, such as deliveries of plates for pipelines. Thanks to the important support of the EVRAZ Group and its strong position on the Russian steel market the company has also successfully entered the Russian market of the pipeline industry. In the sphere of heavy plates EVRAZ VÍTKOVICE STEEL is the main European manufacturer and the only manufacturer in the Czech Republic. Within the section production the most important product is sheet piles which represent a 75 % share of the mill's production. The company is the sole manufacturer of this product on the domestic market and holds a 90% market share.

EVRAZ Group S.A. is a large vertically-integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Europe, the USA, Canada and South Africa. The Company is ranked the 14th largest steel producer in the world based on crude steel production of 15.3 million tonnes in 2009. EVRAZ is largely self-sufficient in respect of its iron ore and coking coal requirements with the majority of its internal consumption covered by its mining operations. EVRAZ's consolidated revenues for the year ended 31 December 2009 totalled US$9,772 million, while consolidated adjusted EBITDA amounted to US$ 1,237 million.

 

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