Russian Copper Company increased payroll expenses

24.08.2010 — News

CHELYABINSK REGION 

In 2010, salaries of the employees working at factories owned by the Russian Copper Company in the Chelyabinsk Region increased by 30%. Thus, the company keeps supporting the initiative that was spearheaded by Governor Mikhail Yurevich and that was aimed at a qualitative leap in the region's living standards, resulting in increased incomes of the population living in the South Urals.

Alexander Khanin, PR Director at the Russian Copper Company, informed "RusBusinessNews" that the company intends to increase salaries by another 5% as minimum before the end of the current year.

At the same time, in August salaries of individual categories of employees working for the Alexandrinsk Mining Company and Karabashmed CJSC that operate within Russian Copper Company will go up by 20%, and at some divisions - even by 30%. The emphasis was placed both on low-paid and highly-demanded professions for the above companies. The payment raise was not offered to executive officers and administrative staff of the companies.

The Russian Copper Company (RCC) was established in 2004. At present, it is the third largest refined copper producer in Russia. The RCC factories produce 200 thousand tons of copper cathodes and 200 thousand tons of copper rods per year.

RCC includes mining and metallurgical factories located in five regions in Russia and in the Republic of Kazakhstan.