En+ Group is a global leader in low-carbon aluminum and renewable energy. En+ Group produces about 6% of the world's aluminum and is the leading producer outside of China, as well as the largest independent hydropower producer in the world. The Company’s assets is located on five continents and has an operational hub in Siberia.
The Company provides employees with financial assistance in the form of partial compensation of annuity payments for the use of a mortgage loan received for the purchase of housing, with no down payment.
Russia, Irkutsk region, Krasnoyarsk region, Leningrad region, Sverdlovsk region, Murmansk region, Republic of Khakassia, Kemerovo region, Republic of Karelia, Komi Republic, Volgograd region, Nizhny Novgorod region, Chelyabinsk region, Republic of Buryatia, Republic of Tyva, Transbaikal region
Metals&Mining, Energy
S
2020-present
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The project was initiated by the employees themselves, or more precisely, by the work councils, who raised the housing issue at a meeting with the Company’s management.
Goals:
• Ensuring the social security of the Company’s employees
• Increasing social stability in work collectives
• Increasing the prestige of workers professions
• Increasing the affordability of housing and improving the quality of life of workers in the cities where Сompany operates
Tasks:
• Implementation of social measures in the form of assistance to employees in purchasing housing
• Support for employees relocated to another region at the initiative of the Company
Employees
As part of the preferential mortgage program, employees of En+ Group have a large selection of housing options for purchase. On preferential terms, they can purchase apartments in new buildings, on the secondary market, as well as a private house. An important innovation for 2022 was the possibility of purchasing a land plot with a residential building located on it, which is especially important for small towns and rural areas where company employees work, and this is more than 70 settlements. In addition, employees could finance the previously taken out mortgage. For the purchase of housing, the partner bank provides a loan at a rate of 9.5% per annum for 10, 15 and 20 years without a down payment. The company pays 50% of the monthly payment amount. Assistance is provided for the duration of the employment contract. Employees who have worked at the company's group enterprises for at least three years can apply for participation in the program, and young professionals - for at least one year. No later than one month from the date of receipt of the application, the Housing Commission reviews the employee’s application, makes a decision on whether or not to include him in the corporate mortgage program and on the possible amount of financial assistance provided to him, but not more than 65% of the annuity payment monthly.
Since the program’s launch, more than 330 employee applications for corporate mortgage lending have been approved. 96% of participants are core production personnel, of which 51% are workers, 45% are engineering and technical personnel. The average age of the participant is 34 years.
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National Project “Housing and Urban Environment”.
