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ARMZ became the winner of the XVIII Annual Report Competition
On October 22, 2015 the ceremony of awarding the winners of the XVIII Annual Report Competition, organized by the Moscow Stock Exchange and RCB media group was held.
Applications for participation in the XVIII Annual Report Competition were filed by 149 companies, including 19 debutants. In addition to the four major nominations, the Moscow Stock Exchange and its partners established 17 additional nominations.
The jury of the Annual Report Competition included 16 experts: representatives of consulting companies, rating agencies, investment and management companies, information and communication agencies, the Bank of Russia, professional associations and public organizations. Separate jury selected the winners in each of the additional nominations.
The selection of the jury was based on detailed analysis of the reports using KPMG's methodology covering four conceptual blocks: business model, development strategy, objectives and prospects; risks and opportunities; corporate governance; performance.
Annual report of JSC Atomredmetzoloto became the winner in the nomination "Best presentation of a business model in non-public company’s report." It should be noted that ARMZ’s business model reflects the complex value creation process. ARMZ understands that its work depends on many external and internal factors and is carried out in close relationship with stakeholders. The business model describes the available resources management system that allows to achieve its goals, and also reflects the company's actions to create value in the short, medium and long term in order to achieve strategic goals and improve efficiency in all areas. The mission and long-term strategy are at the heart of the business model of ARMZ.
Details about ARMZ business model can be found on pp. 17-18 of the annual report of JSC Atomredmetzoloto.
Annual Report Competition of the Moscow Stock Exchange is one of the most important events of the year in the field of corporate governance and investor relations. The contest aims to maintain a high level of transparency of companies and promote effective disclosure of information for investors and customers.
Full list of nominees and winners is published on the website: http://konkurs.moex.com/