Magnitogorsk Iron and Steel Works (MMK) has donated around 100 million rubles to support those affected by the collapse of a residential apartment building in Magnitogorsk. The donation was approved by the Chairman of MMK’s Board of Directors, Viktor Rashnikov, and the funds were transferred to the accounts of Magnitorgorsk-based charitable foundation Metallurg.
Viktor Rashnikov said: “The city and MMK have throughout their history been a single, united whole. So we feel the pain of those who have suffered in this tragedy like our own pain. We cannot remain bystanders and not help people in need. At the same time, we fully understand that no financial aid can ever replace the loss of relatives and loved ones.”
In line with MMK’s decision, close relatives (spouses, children, parents and dependents) will receive 1 million rubles, divided equally, for each person who has lost their life in the tragedy. Those injured will receive 200,000 rubles for light injuries or 400,000 rubles for heavier injuries. In addition, to help compensate the loss of property, apartment owners and those renting under social tenancy agreements will receive from 300,000 to 500,000 rubles depending on the number of rooms in the apartment. (MMK/Ukrainian metal)