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SOCIAL POLICY

Omega’s deems its duty to encourage consolidation of the national economy and creation of a favorable social climate in the country providing for stable and dynamic business development. Though Omega focuses its main efforts on achieving production goals, it strives to maintain social initiatives aimed at improving the living standards of people in the regions where the Company performs its activity.
Social assistance
Care about the personnel is the key activity of Omega’s social policy. Performance efficiency of all Holding’s enterprises directly depends on the emotional comfort and positive attitude of the labor collective. Therefore, the main Company’s efforts in social sphere are aimed to create favorable working conditions, all-round support and social welfare of employees and their families.
Being a responsible employer, Omega strives to provide the employees with a competitive salary and good social package, wide potentials for professional and carrier development. The Holding’s enterprises develop an integrated approach to personnel engagement, which is based on a flexible system of monetary benefits paid under performance results and different elements of moral encouragement.
Social and labor relations in the Company and its subsidiaries are regulated by collective agreements, which guarantee a high level of social protection to the employees going beyond the minimum level established by the legislation. Omega’s key enterprises offer their employees various social benefits, including meal allowances, possibility to obtain free medical service under the voluntary medical insurance program, participation in programs of non-state pension provision, right to reimbursement health resort treatment and rest.
Charity and regional cooperation
Omega, as a socially oriented corporation, deems it necessary to encourage settlement of vital social problems, render adequate assistance to those in need, favour and encourage positive social changes in the regions of the Company’s activity. The Holding’s enterprises consider social investment as one of the most important elements of the corporate development strategy and annually spend significant funds for charity and sponsor activities.
Omega’s priority charity activities are:
•    assistance to children’s social institutions and organizations;
•    assistance to socially unprotected categories of citizens;
•    development of the social infrastructure in the regions where the Company performs its activities;
•    preservation of spiritual and cultural heritage.