Temirtau, Kazakhstan Newswire
Comprehensive Real-Time News Feed for Temirtau, Kazakhstan.
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Director General of the ArcelorMittal Temirtau JSC Vijay Mahadevan explained the reasons why the company had to cut wages of employees of the company by 25% from 1 August. ArcelorMittal Temirtau JSC announced Tuesday that it plans to cut salaries of all employees by 25% starting from August 1 because the company is financially struggling due to significant increase in imports from Russia and the Russian competitors have a cost advantage largely due to the devaluation of the ruble. Comment?
Kazakhstan has suspended immunization against measles after a series of hospitalizations following the injections, Tengrinews reports citing regional media and authorities. 18 students of a medical college in Temirtau, a town in central Kazakhstan, were hospitalized with high temperature after getting vaccinated. Comment?
ArcelorMittal Temirtau is not going to change its decision to cut wages of miners and metallurgists of the company, CEO Vijay Mahadevan said in a press conference on February 6, reports Karaganda based news agency Novyi Vestnik . Mr. Mahadevan said wage cut is a temporary measure connected with the financial difficulties in the company and the situation is expected to get better in the spring. Comment?
ArcelorMittal Temirtau was fined for cutting wages of its workers by 25%, the Prosecutor's Office of Karaganda region told Newskaz.kz. As a result of the checks, the violations of labor laws of Kazakhstan were detected and ArcelorMittal was fined for 594,600 tenge . Comment?
President of Kazakhstan Nursultan Nazarbayev has met today with CEO ArcelorMittal Lakshmi Mittal in Astana, the press service of the President reported. The activities of the company in Kazakhstan were touched upon in the meeting, Nazarbayev noted the positive trends in the company's operation in Central Asian country. Comment?
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