Colour Investment

Colour Investment

Vladimir Lisin - a true example of a philanthropist

April 16, 2020, 10:25 AM • ☕️ 1 min read

Tags:NLMKPhilanthropistShareholderCSRSteel

Translations: EnglishРусский中文

Vladimir Lisin donated about 123 million rubles to save the child and purchase the most expensive vaccine in the world - Zolgensma - an injection from spinal muscular atrophy.

Vladimir Lisin is a Russian entrepreneur and billionaire. According to Forbes, in recent years it has been ranked top 5 among Russian billionaires (the total state is about 21 billion rubles).

Vladimir Lisin is the owner of the largest steel company in Russia and the entire CIS - NLMK PJSC, as well as the owner of the transport and logistics Holding - Universal Cargo Logistics Holding. These businesses are among the most efficient and cost-effective among peers and competitors.

It is worth noting that the action of the shareholder is one of the best examples that other top managers of the largest Russian public companies should be guided by. A donation of this kind is one of the elements of openness of a person and business to society, a guideline for the rest and a high bar for the future.

Undoubtedly, corporate and social responsibility is an essential part of the perception of public companies of a developed market through the prism of an investor. However, such examples in an emerging market allow investors to once again turn to transparent businesses that are responsible for achieving results.

It is worth noting that one of us has had the opportunity to work in the financial and strategic team of NLMK over the past 5 years. Transparency, openness, a strong team and the ability to communicate with the top management of the company, which had to be encountered while working at NLMK PJSC, was the highest standard and criterion for comparing and choosing a company and corporate culture in the Russian market with further employment.

Donation News Link

Link to the official website of PJSC “NLMK”