Our priorities

Reduction of Production Costs and Expenses

As the global crisis unfolds, all companies in the group are implementing a cost- and expense-cutting program. With market demand falling, this effort is geared towards maintaining and improving profitability. As a result, the market share of Basic Element companies in their respective segments should increase. more details

Modern Production and Management Systems

Focusing on production efficiency, Basic Element is developing and implementing standardized policies and procedures throughout the production chain - from the assembly line to the offices of top management. We are actively expanding the use of techniques and processes of lean manufacturing and Kaizen continuous improvement first successfully implemented at GAZ Group and RUSAL several years ago. Cooperation with Strabag, Hochtief and Magna provides Basic Element with access to the world's best cost control, procurement and site management systems. more details

Personnel development

Basic Element's program of annual personnel evaluation ensures transparent and objective assessment, and serves to motivate performance and compliance with corporate standards. Education and training programs at all levels are being expanded to include exchanges and internships in cooperation with international partners, executive training activities in leading educational institutions in Russia and abroad, and support for modern professional secondary education for young workers. more details

Corporate Social Responsibility

All Basic Element companies have programs to provide care for their employees and the communities where they operate. Basic Element supplements these programs with a substantial number of its own efforts. In the area of education, the company continues to support Workers of the New Generation, a program of professional education and training in twelve regions of the country, to Moscow State University, where Basic Element assists with curricula in physics, business management, public administration and economics. In the area of culture, Basic Element and its companies for many years provide support to the Bolshoi Theater. more details

New Technologies

In addition to ongoing modernization activities by individual companies and enterprises, Basic Element has launched the Science and Technology Center, a centralized effort to move cutting-edge technologies from a research idea to commercial application stage. Managed jointly with the Russian Academy of Science, the Center identifies promising technologies, evaluates them from scientific, industrial, commercial and environmental perspectives and assists individual enterprises in integrating them into regular production. more details

International Standards of Corporate Governance

Basic Element is now completely overhauling its system of corporate governance. We are implementing our risk management system and improving the internal audit function, setting up audit committees at the holding's companies, as well as establishing an efficient and modern system of corporate governance throughout the Group. In addition, we have written a new version of the Code of Ethics and added detailed ethical standards with examples from everyday practice and explanations for Basic Element's employees. more details

Environmental Responsbility

Insofar as Basic Element enterprises work across a number of industries which represent potentially high environmental risks, great attention is paid to environmental responsibility and, in particular, to combating climate change. Specific environmental targets and indicators will be included in strategic plans for all of Basic Element's enterprises, and all modernization programs encompass a strong ecological component. more details

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Tel.: +7 (495) 720-5025 Fax: +7 (495) 720-5395
E-mail: info@basel.ru

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