General information
Corporate History
Annual statement
Quality management system


Methanol technical
Urea formaldehyde concentrate
Formalin technical
Concentrated low-methanol formalin
Pentaerythritol technical
Dipentaerythritol technical
Pentaerythritol technical micronized
Hexamethylenetetramine technical
Hexamethylenetetramine micronized
Caprolon (block polyamide 6)
Granulated polyamide 6
Sodium formate technical
Aqueous sodium formate solution
Aqueous urotropine solution
Crude methanol

Corporate social policy
Sponsorship and charity

Personnel policy
Strategy for Human Resources Management till 2020


LLC Metadynea
LLC Metafrax Trading
JSC Karbolit
LLC Metafrax-Inform
LLC MetaTransStroy
Metadynea Austria GmbH
Metafrax Trading International SA

Russia, Gubaha, Perm region, 618250
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Metafrax Group: At the Baseline of Russian Chemical Industry Future

Metafrax Group inculcates a new brand, the extensive work for its creation has been in progress for one year and half. The new brand presentation took place on October 17, during the Perm Engineering and Industrial Forum.​

Metafrax Group, the leader in chemical production in Russia and in Europe, starts inculcation of a new brand in its structure. The single brand platform and the visual language developed by agency Electric Brand Consultants will combine all the company’s business units. The new concept will allow the Group to present itself in the target markets more effectively.

Metafrax Group announced beginning of its rebranding in September, 2018. Creation of the new brand structure for the largest manufacturer of Methanol and its derivatives in Russia and in Europe that performs export supplies to 60 countries of the world was entrusted to multichannel branding agency Electric Brand Consultants.

As the project results, the new strategy and the complete brand architecture where the new mother brand that includes all the Metaftax Group sub-brands located in Russia, Austria, Switzerland, and South Korea had been developed.

«The single visual and conceptual communication will allow bringing all of our group structures to the unified standard that also includes interaction with partners and presentation in the target markets. It is important, as the companies that are part of Metafrax Group are located not only in Russia, but also in Europe and Eastern Asia. Our group rebranding is based on a deep research of industrial trends and competition environment. Therefore, we can be sure that the changes related to our brand are important to the whole industry, as they take into account on its experience», said Seyfeddin Rustamov, beneficiary owner of Metafrax Group. 

The unique philosophy has been formulated tor the single brand: «Forming of future ecological, social, and business environment via responsible development of the chemical industry». Innovations, responsibility, and stability have become the basic values, and the mission is based on a constant development and creation of propitious ecosystem for the future generations.

«This self-presentation is clear to the other marketeers and to our partners, as well as to each employee of the group, because it really reflects the group business essence and features. The values have reason behind them: the innovations are related to technological leadership in Russia and to the strong scientific developments and formulations center in Austria. The responsibility means our approach to the entire business strategy, systematic social activities, and personnel policy, patronship projects.  The stability means our flexible and balanced manufacturing policy», explained Armen Garslyan, Chairman of Metafrax Chemicals Board of Directors.

Names of the group sales, manufacturing, and service structures will be brought to a single standard. Some of them have already had their new commercial names: Metafrax Trading House, LLC was registered as Metafrax Trading, LLC, and Swiss company Metadynea Trading has been operated under its new name Metafrax Trading International.

It was decided to emphasize the main manufacturing site, PJSC Metafrax, by highlighting its significance and basic competency. Therefore, the site will get its new commercial name «Metafrax Chemicals».

«The single standard for the group affiliated undertakings is an important part of the new brand communication platform that considers the group architecture features and allows to make it better structured. The mandatory Metafrax Group wordmark is designed to enhance the sub-brands connection to the mother brand and to simultaneously highlight their historical uniqueness», noted Maria Konovalova, Head of Metafrax Group Communications.

The Electric Brand Consultants team showed the brand self-presentation in its visual language. The agency has developed three different design directions. Metafrax Group chose and proved the Living System direction. The company’s manufacturing and business processes are continuous interconnection system. When new elements appear in the chain, the group architecture is developed like a living matter and supports ecological, social, and business environment.

A dot mark has been chosen as the central element of the label as the symbol of beginning and balance. It forms a circle that is unity and integrity, and the connections between the dots represent stability and movement balance.

Perm Region and Merafrax Signed an Additional Agreement to the Special Investment Contract related to the AUM Project

On October 17, during the Perm Engineering and Industrial Forum, a Three-Party Additional Agreement was signed between the Perm region Government, Gubakha administration, and PJSC Metafrax.

Earlier, the regional authorities decided to support the company in terms of expansion of the Ammonia, Urea, and Melamine Complex construction investment project. The investment project was issued for construction of the second Melamine Plant that increases the scope of investments by 19.7 billion rubles.

The Plant will be integrated into the Ammonia-Urea-Melamine (AUM) Complex that is currently under construction in Gubakha and allow increasing of melamine output at the company’s industrial site by 40 thousand ton per year, as well as creating of 59 additional skilled jobs.

Besides, Perm region readiness to provide Metafrax with tax remissions and Metafrax readiness to put the project investments in scope of 77.9 billion rubles in execution and to realize necessary activities to create and acquire the asset complex intended for production with the overall profit scope of 17.5 billion rubles during the Special Investment Contract validity period from 2020 to 2027 are specified in the Additional Agreement.

According to Vladimir Daut, General Director of Metafrax, the company decided to become one of the largest Melamine manufacturers in Europe. A least 50% of the total receipts will be supplied to Metafrax Group of Companies for internal use: «According to our estimations, today, the Russian market volume makes about 50 thousand ton per year. But we can see the high growth potential. We intend to realize a half of the produced Melamine in the market. Correlation of the internal sales and the export will depend on the current market conditions. After Metafrax will put the second Plant in operation, Russian companies are able to satisfy requirements of the internal market».

We would like to note that the Three-Party Special Investment Contract related to the Ammonia, Urea, and Melamine Complex construction had been concluded between PJSC Metafrax, Perm region, and Gubakha administration in February, 2018, during the Russian Investment Forum in Sochi.

LLC Metafrax Trading House is renaimed into LLC Metafrax Trading

PJSC Metafrax started the implementation of the new brand. The extensive work had been lasted 1,5 years.

Changes related to implementation of the new brand started in Metafrax group of companies. In September 2019 the record in the Unified State Register of Legal Entities was put about the renaming of LLC Metafrax Trading House into LLC Metafrax Trading. The Swiss company Metadynea Trading is called Metafrax Trading International now.

The work about creation of the new brand was started 1,5 years ago by Electric communication agency (Moscow). The unified brand is designed not only to position PJSC Metafrax in target markets in a correct way, but also to implement its own philosophy: mission, values and vision of the future.   The philosophy of the brand is the following: «The creation of eco-friendly, social and business environment through development of chemical industry”. The Company mission aims at “constant development, creation of favorable eco-system for future generations around yourself”.   Basic values of the brand are innovation, responsibility and sustainability.

Metafrax group is becoming a unified holding trademark. Company intends to use this name abroad. Industrial and service companies such as Metadynea, Karbolit etc., will have a prefix “Metafrax group” in their commercial designations.

The main industrial site of the holding PJSC Metafrax will have a new commercial designation “Metafrax Chemicals”. By this, the role and the main competence of chemical production in the group company structure will be defined.

Company starts a step-by-step implementation of the brand. The main building, workshop, wagons, storage tanks, packing etc. will be designed with a new style.

New development step

In the 2nd quarter of this year a subsidiary of PJSC Metafrax - Metadynea Trading SA has changed its name to Metafrax Trading International SA and moved from Geneva to Lugano. The company aims to increase the efficiency of its operating activities and to introduce new Metafrax products to the international market.

The renaming took place as a part of the rebranding procedure implemented by the Metafrax group. A full launch of the new brand is planned for this fall, however Metafrax Trading International (MFTI) has become a leader in this project.

In accordance with the Charter, the company does not have a general or managing director. All decisions, as it was before, are made collectively by the Board of Directors. After the name change and relocation, only membership of the Board has changed. It comprises of Leonardo Bernasconi and Marina Sivkova. With that, the authorities of the company's commercial managers have not changed. “The focus of their responsibility will be more directed to sales efficiency issues. This is especially relevant since more than 40% of the enterprise’s revenue is the export sale of products. At the moment, 9 people maintain MFTI operations,” commented Marina Sivkova.

Marina Sivkova has been working for Metafrax for about 10 years. In particular, 8 years as a director of finance and economics of PJSC Metafrax; Marina has an experience in the corporate system of the Metafrax Group of Companies. She will manage the company's current operations. Leonardo Bernasconi is one of the Laris Fiduciaria SA (Switzerland) managers with a field expertise in national and international taxation, accounting and management.

Staff changes that have taken place make it possible for the trading company to increase the efficiency of its operations, achieve more agile its development goals following the principles of integration between the enterprises of the Metafrax Group of Companies.

Consistent growth

Based on the result of sales in 2018, MFTI ranked 71st in the ranking of global chemical distributors. The rating represents the industry leaders judged by the cost of sales. ICIS Chemical Business magazine analyzes the key trends of distributors in both the global market and regional segments: in North America, Europe, Asia, Latin America and the Middle East (including Africa). Compared to 2017, the company improved its position in the global ranking by 6 points. “Improvement was reached due to the favorable price situation on the market and an active attitude towards product promotion,” comments Marina Sivkova, a member of the company Board of Directors. “Following the results of 2019, we expect to at least keep sales at the same level as last year, and we will use every effort to improve this result.” According to Marina Sivkova, more than 80% of the company's total revenue comes from methanol.

In 2018, the company's revenue amounted to € 185 million, which is 12% higher than 2017 (€ 165 million). Since the company establishment, sales have increased almost twice: in 2015 - 270 thousand tons of products per year, in 2018 - 531 thousand tons.

Promising products

In 2019, Metafrax Trading International began selling dipentaerythritol, a new product manufactured by PJSC Metafrax. MFTI, together with the production facility, premarketed the products on the European market by visiting the European Coatings Show in Nuremberg in March 2019. Dipentaerythritol production was launched in the second quarter of this year, product homologation is in progress among potential customers. “We expect by the end of this year to build a customer base - both among our strategic partners in Europe, and in North and Latin America, as well as in the Asian region,” said Marina Sivkova.

In view of the Ammonia-Urea-Melamine complex construction, as well as the implementation of a project for the construction of a paraformaldehyde production plant at the production facility of PSJC Metafrax in Gubakha, MFTI is preparing to expand its sales portfolio.

Active premarketing of melamine, urea and paraformaldehyde is already underway. Extensive connections with suppliers and customers allow for thorough preparation for the sales of new Metafrax products.

The company already supplies some of these products to customers from the third-party manufacturers, and a part is planned for supply. Thus the acquaintance with the market and preparation for entering the market with the own products in the future have started. “At the beginning of 2020, it is planned to accept a new employee to the position of a trading operator for the new products,” commented Marina Sivkova.

According to Marina Sivkova, export of a new bulk cargo amounts to tens of thousands tons for paraformaldehyde and melamine and hundreds of thousands for urea: “The volumes are quite serious. The territory of supply will depend on the conditions, we are not focused only on the nearby markets of Europe, we look at sales globally, exploring opportunities in general. We aim to enter new markets as soon as possible with good sales efficiency.”

Perm Krai and PJSC «Metafrax» signed the SPIC for the first paraformaldehyde production in Russia

June 6, within the framework of the St. Petersburg International Economic Forum (SPIEF), a special investment contract (SPIC) was signed on the implementation of a project for the construction of formalin and paraformaldehyde industrial plants in Gubakha.

The agreement was concluded between Perm Krai and PJSC «Metafrax» for a period of 9 years. The document was signed by the Governor of Perm Krai Maxim Reshetnikov and the General Director of PJSC «Metafrax» Vladimir Daut.

The document confirms the company's readiness to build a new paraformaldehyde production plant in Perm Krai. As part of a special investment contract, the region will provide Metafrax the right for tax benefits and preferences.

The planned capacity of paraformaldehyde plant will be 30 thousand tons per year. Moreover, the investment project involves the construction of a formalin plant with a capacity of 180 thousand tons per year. The project is worth more than 5.2 billion rubles and is scheduled to be completed by the end of 2021.

The Chairman of the Board of Directors of PJSC «Metafrax» Armen Garslian noted the importance of state support in the development of the company. “Today, the investment portfolio of Metafrax exceeds 75 billion rubles excluding VAT. The implementation of investment projects and the construction of new productions will provide additional tax deductions to the relevant budgets of the Russian Federation, Perm Krai and the city district of Gubakha, as well as contribute to the overall socio-economic development of the region,”said Armen Garslian.

In 2018, Metafrax Group of Companies income overbalanced 56 billion rubles

Comparing to 2017, income growth made 26 % or 11,6 billion rubles.

“The high financial and economic result is primarily justified by increase in the marketable products sales and favorable pricing environment in the local and international markets. As well as the growth of foreign sales, which also had an impact to the final indicators. Income from sales of products manufactured by PJSC "Metafrax" amounted to about 50% of the Group's consolidated income. - said Armen Garslyan, Metafrax Board of Directors Chairman. We are optimistic about 2019, according to the current year results, we expect the income to remain at the 2018 level”.

The Group scope of investments to fixed assets and construction in progress amounted to 13 billion rubles, exceeding the same 2017 value by more than 2.5 times.

In 2018 the core capital investments area was Ammonia-Urea-Melamine Complex construction; more than 10 billion rubles were spent on the project. “The official start of the AUM Complex project is a landmark event in 2018. Today the project is in the active stage. First, in the middle of summer it is necessary to complete construction of the administrative building. It is necessary to begin installation work in the Central control room and commission MSDS-3 ”commented Vladimir Daut, Metafrax Director General.

Other core capital investment areas in 2018: more than 375 million rubles were invested into construction of residential houses in Gubakha (2 houses were commissioned in November 2018, 4 houses are under construction); 275 million rubles were invested in the technical re-equipment of the tank car handling point; 181 million rubles were invested in the reconstruction of water supply and sanitation system; 160 million rubles were aimed to the technical re-equipment of the pentaerythritol crystallization unit.

Metafrax will build new formalin plant

On April 3, in Moscow, PJSC Metafrax and Norwegian company Dynea AS signed a contract for the construction of a 55% formalin production unit in Gubakha.

The formalin plant will be integrated with the paraformaldehyde production complex (paraform) under technology of GEA group of companies. The capacity of the plants will be 180 thousand tons of 55% formalin and 30 thousand tons of paraform per year. The project is worth more than 5.2 billion rubles and is scheduled to be completed by the end of 2021.

 - The equipment production time is 14 months. The start of the plant is scheduled for the 3rd quarter of 2021, - said Vladimir Daut. - Formalin, produced at the new plant, will be used as a raw material for the paraform production. It is important that Metafrax will become the only producer of paraformaldehyde in Russia.

With the commissioning of the plant, the total production capacity of 55% formalin will be 450 thousand tons per year. The volume of internal methanol processing at Gubakha site will reach 450 thousand tons per year.

“The companies of Metafrax group in Russia and Austria totally consume over 600 thousand tons of methanol per year,” said Vladimir Daut. - As part of the company's development strategy by 2030, our internal demand for methanol will reach 800 thousand tons.


On February 14th, in the framework of Russian Investment Forum, Metafrax and GEA (Denmark) signed a contract for the development of the project and the supply of equipment for the plant of paraformaldehyde (paraform) at the Metafrax production site in the city of Gubakha, Perm region.

Metafrax - the leader in methanol export

According to market analysts in 2018, the volume of methanol export from Russia amounted to 1.9 million t. More than a quarter of this volume - almost 500 thousand tons - was exported by Metafrax. For this indicator, the company leads among Russian manufacturers.

The total export volume of Russian methanol has increased from 2015 from 1.4 to 1.9 million tons. In its turn, Metafrax has doubled its export value for the product over the past 4 years. In 2015 the company's volume of supplies abroad amounted to 254 thousand tons, in 2016 - 353 thousand tons, in 2017 - 383 thousand tons, by the end of 2018 - 495.5 thousand tons.

According to the representative of the company Metadynea Trading Vasily Mikhailov - over the past year, Metafrax managed to achieve a leading position in the methanol export market from Russia for a number of reasons, including the increased competition on the domestic market: “A significant share of exports, as before, was taken by Finland, where the Group of companies has an efficient logistics for the accumulation and transshipment of shiploads of methanol. The company is also quite active in distribution on the local Finnish market, offering a product delivered by both rail and road.

There is growing competition in the segment of methanol delivery by sea transport, forcing to enlarge the supply of lots where it is possible. It is also worth noting the increase in export deliveries by rail, which is related to the increase of the cost of maritime logistics and the improvement of netbacks in direct sales,”concludes Mr. Mikhailov.

When everyone is a Winner!

On March 15, in Perm, with the support of Metafrax, the Second Regional Stage of the «World Winners' Games» was held - a sports festival for children who had won cancer. In total, 63 children from different parts of Perm region took part in the competition.

At the opening ceremony, the director of the Charitable Foundation «Bereginya», Tatyana Golubayeva, told how important it is to hold such Games in Perm: “During the 10 years of the foundation’s work all our efforts are aimed at ensuring that children with cancer recover. It is very important to carry out the Second Regional Stage in Perm, because we understand how many children need social and psychological rehabilitation”.

The games began with such disciplines as a 60-meter run, shooting, table tennis and chess. They were followed by walking, football and long jump.

It should be noted that there were no losers at this Games - everyone received pleasant impressions from sports and communication, and parents and friends were always there and supported their children.

A draw was held to determine who would go to the World Winners’ Games in Moscow - it was made by the representative of the General Partner of the Games in Perm - Advisor to the Chairman of the Board of Directors of PJSC Metafrax Maria Konovalova. According to her, the «Winners' Games» is a bright and life-affirming event, which helps to tell everyone that children's cancer is truly curable.

The project was implemented with the support of the beneficial owner of PJSC Metafrax Seyfeddin Rustamov.

PJSC Metafrax will be the only one paraformaldehyde manufacturer in Russia.

On February 14, in the frames of the Russian Investment Forum, PJSC Metafrax and GEA Company signed a contract for the development of the project and the supply of equipment for the paraformaldehyde (paraform) plant at the Metafrax production site in Gubakha, Perm Region.

The volume of capital investments is estimated at 5.2 billion rubles. To implement the project, the company plans to raise both its own and borrowed funds. The payback period will be about 8 years.

When the new plant is started Metafrax will become the only manufacturer of paraformaldehyde in Russia. The plant capacity will be 30 000 tons per year. The time term of the investment phase of the project will be 3 years. The putting of the object in operation is scheduled for the second half of 2021. In addition, the investment project involves the plant construction to manufacture formaldehyde with the capacity of 180 thousand tons per year.

 According to the words of Mr. Vladimir Daut, General Director of PJSC Metafrax, paraformaldehyde is not produced in Russia currently and imported from Europe and China: “The construction of the plant at PJSC Metafrax site will allow the company to ensure domestic consumers in full scope and reduce dependence on imports. Part of the production will be exported. ”

The advantages of the GEA technology include high unit capacity of the plant and high quality of the product, low specific consumption of raw materials and energy while observing European industrial and environmental safety standards. The GEA technology makes it possible to produce paraformaldehyde with the assay in the range of 92 - 96%.

The Paraformaldehyde production will be integrated with formaldehyde and pentaerythritol production plants. Installation of a catalytic oxidizer for the disposal of exhaust gases. To reduce the environmental impact, the technology provides installation of a catalytic oxidizer for the neutralization of exhaust gases. Liquid effluents from the plant will be used as the raw material for the existing production of pentaerythritol at PJSC Metafrax site.

Art and chemistry: what unites Kama Region with Austria?

On February 1st  a presentation of the investment and tourism potential of the Perm Region took place at the Embassy of the Republic of Austria in Moscow. A delegation of the Perm Region and representatives of government and business of Austria took part in the working meeting.

Opening the meeting, the Ambassador Extraordinary and Plenipotentiary of Austria, Mr. Johannes Eigner explained, that for the active development of Russian-Austrian relations it is important to work not only with the capital, but also with other cities of Russia. “The interest in the interaction between Austria and Perm region is caused by a number of objective reasons. This region is one of the most economically and industrially developed regions of Russia. Perm is one of the largest cultural centers of the Russian Federation ", - said Mr. Eigner.

The Representatives of the Perm region have focused on the economic cooperation of the parties. The Governor of Perm Region, Mr. Maxim Reshetnikov, noted that the Perm Territory and the Austrian Republic are active economic partners. The volume of foreign trade in January-October 2018 amounted to about 12 million dollars.

A presentation of enterprises of the Perm region for the Austrian delegation was held at the meeting. The flagship was Metafrax, the leading Russian producer of methanol and its derivatives. Mr. Armen Garslyan, Chairman of the Board of Directors of PJSC "Metafrax", said that the products of the group of companies are used in key industrial branches, such as woodworking, thermal insulation, abrasive tools, in the production of plastics and paints.

Synthetic resins of the subsidiary company "Metadynea" are in demand in the production of composition boards, plywood and decorative coatings. A "fine chemistry" is used in the manufacturing of drugs, disinfectants. At the same time, a significant share of deliveries of Metadynea - Austria accrues to the Austrian market. 73% is the share of Austrian customers in terms of volume, 68% is in terms of revenue.

“It is very important that today our relations have continued,” – noted Mr. Armen Garslyan. - The "Metadynea" Company is a successful example of Austrian-Russian cooperation. It has two production sites in Russia and one In Austria, in Krems. Today 500 people work there, the total turnover of the company is MEUR 343. There is a science center at the Austrian site that will allow us to become one of the world's technological leaders in the field of resins.

“Perm region is a reliable partner with a developed industry, infrastructure, science, social sphere. We are connected with Austria by industry, for example, the Metafrax Company with its Metadinea subsidiary in Austria, and culture in the name of of the artistic director of the Perm Opera and Ballet Theater, Mr. Teodor Currentzis and much more,”-said Mr. Maxim Reshetnikov.

The Kama region citizens gave oncology patients hundreds of chances to beat cancer

Over the year, the number of Perm citizens in the National Register of Potential Bone Marrow Donors increased by a quarter and reached 3.6 thousand people. According to the Dedmorozim Foundation, 843 people came to donor center and donor actions in 2018.

Anyone who joined the register can save life of a child or an adult that have a blood cancer. Because the registry specialists are looking for donors who are willing to share bone marrow cells that are suitable for patients during transplantation. The greater the compatibility of a donor and a patient, the higher the chances of being treated without complications and recover fully.

“Every year these donors are needed by almost 5,000 Russians. But so far, there are not enough donors in the National Registry for anyone who needs help could get it, – says Dmitry Zhebelev, co-founder of Dedmorozim Foundation. – Currently, the database contains about 90 thousand people. To find the bone marrow for at least half of Russian patients, you need 500 thousand potential donors”.

Perm citizens significantly help to bring this goal closer. The largest network of bone marrow donors operates in the Kama region: it is possible to join the register in 51 Medlabexpress laboratories on any weekday. The work of centers and the donor project in general was financially supported by PJSC Metafrax and by Seyfeddin Rustamov, beneficial owner of the company, personally. Employees of the company also joined the register, organizing the largest corporate campaign to involve bone marrow donors in the Perm region. The Metafrax and Dedmorozim Foundation project was recognized as the winner in The Best Volunteering Project nomination during the National Corporate Media Conference Silver Threads 2018.

In 2019, cooperation of chemical company Metafrax and Dedmorozim Foundation will be continued with the new Return the Future project.

Our joint efforts will be focused on rehabilitation and support of disabled orphans in the Rudnichny village orphanage, - said Seyfeddin Rustamov, - the project includes a professional rehabilitologist work and a friendly environment that considers individual needs of children.

At the same time, the project develops volunteer initiatives of the company: Metafrax employees will be able to become friends for children from the Rudnichny village orphanage: holding joint events, sincere communication will also become part of the rehabilitation program.

Quality of the Metafrax work was appreciated in the Russian Federation Government

For the first time, Metafrax took part in the Russian Federation Government competition in the field of quality. Company work over the past 5 years was evaluated.

In their reports, experts noted that Metafrax uses the most advanced technologies and cares for the environment. The jury noted the management contribution in the company development and investments in the modernization of production.

As a result, Metafrax received a score of 343 points, and almost half of the participants could not overcome the 250 points mark during the "in presentio" stage. Compared to the last year, the number of applications increased significantly: 300 companies took part in the competition.

The Award Council is headed by Denis Manturov, Minister of Industry and Trade of the Russian Federation. It also includes members of the Government, deputies of the State Duma, representatives of designated companies and public organizations.

Yulia Ershova, Head of the Quality Management System and STI Division, PJSC Metafrax:

Participation in the competition of this level is the next step in the company development. We gained invaluable experience and once again became convinced that the Company has something to be proud of. Experts put high scores for the company's position in the chemical industry market in Russia and Europe. Metafrax is the largest Russian exporter of methanol, with a total export share of 40%. The geography of the company's supply includes more than 50 countries of the world. A special focus was put to construction of the Ammonia-Urea-Melamine (AUM) Complex, which will provide the main production facilities of the company with its own raw materials.

Metafrax will adjust salaries

As a part of the 2019 budget adoption, the PJSC Metafrax Board of Directors will approve the decision to increase the salaries of all the company employees by 5%. They will be increased starting from January 1, 2019.

Moreover, the company's employees are paid with the 13th salary and provided with all social payments as per the Collective Agreement.

- The basis of our personnel policy is a comprehensive staff motivation. To do this, we must provide our employees with competitive salary. For the first 9 months of 2018, the average salary has been increased by 4% compared to the last year. Today, it is almost a quarter higher than the average wage in the Kama region, - commented Armen Garslyan, Metafrax Board of Directors Chairman.

- We have found a careful approach to the solution of this matter in order to make an optimal and balanced decision. Metafrax is a socially-oriented company. The salary increase became possible due to implementation of all production and financial indicators in 2018. The adjustment value was determined on the basis of the average region salary analysis and the current situation in the labor market, - said Vladimir Daut, Metafrax General Director.

Metafrax pays special attention to social, personnel and youth policy. As part of the Collective Agreement, Metafrax tries to provide maximum social guarantees, both for the present and former company’s employees:

The company's social package and charity expenses exceed 200 million rubles annually.

Armen Garslyan: We intend to continue working on improving the workers’ and their families’ life quality, improving urban infrastructure, supporting health, education, sports and culture in the towns of Kizel Coal Basin.