non-financial development institution
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Мордашов Алексей

Alexey Mordashov

Chairman of the Board of Directors, Severstal
Quotes
07.06.2019
SPIEF 2019
Tech at Scale: Staying Ahead of the Game
What is currently being taught in schools and universities is incredibly archaic and has no application in the modern world. We are assessing people’s skills on their ability to memorize a page in a textbook and rewrite or regurgitate it the next day in an exam
07.06.2019
SPIEF 2019
Tech at Scale: Staying Ahead of the Game
The importance of soft skills is coming to the fore. These include the ability to distinguish between primary and secondary objectives, analyse tasks, consider various reasons and consequences, work in a team, and retain an open mind
07.06.2019
SPIEF 2019
Tech at Scale: Staying Ahead of the Game
There is a conviction that in a few decades’ time, oil will cease to be an essential fuel for the economy and will lose all significance. Everything is changing at a rapid pace, and we do not know what will happen next. We are entering a period of intensive technological development
07.06.2019
SPIEF 2019
Tech at Scale: Staying Ahead of the Game
Customer relations are becoming ever-more valuable. The company with the most users has the highest number of links with customers, and with it, the best chance of success
07.06.2019
SPIEF 2019
Tech at Scale: Staying Ahead of the Game
The government machine, legal system, and other areas need to be reformed further. It may sound mundane and tiresome, but that does not change the fact that it is essential. The investment climate in Russia is unfavourable, or is insufficiently favourable
07.06.2019
SPIEF 2019
Russia–Germany
At Severstal we are working through the same digitalization questions that are relevant for the German business. We see great interest from German companies for development of cooperation and cooperating with Russian companies in this field. <…> I think Russian and German business together are not keeping up with global best practices in digitalization. Cooperation can help us get in the lead
06.06.2019
SPIEF 2019
The Sustainability of the International Trade System and the Future of Globalization
The biggest challenge in global trade development is growing tension in the economic and political system globally. This is because of different development for different groups of people. We see different speeds of growth in emerging economies and developed economies. We see that a lot of people feel excluded from economic growth, that they do not benefit from it
06.06.2019
SPIEF 2019
The Sustainability of the International Trade System and the Future of Globalization
There has been a crisis in the WTO discussions since the Doha Round in 2001. What was delivered by the WTO was just a trade-facilitation agreement, nothing else, despite all attempts to facilitate the trade agenda. We probably need to come back to the negotiation table. I do not know whether Twitter is the best tool to facilitate this trade war which we are observing now between major economies, but we definitely have to invent some formats to discuss it in an open way
06.06.2019
SPIEF 2019
The Sustainability of the International Trade System and the Future of Globalization
What is important for the steel industry globally and for all countries is to preserve a level playing field. That should be our focus, and to avoid subsidies
06.06.2019
SPIEF 2019
The Sustainability of the International Trade System and the Future of Globalization
I expect more regional coalitions, which might potentially lead to a big split in different systems
06.06.2019
SPIEF 2019
Russia–Finland
We all need to contribute to collecting and recycling plastic. <…> Plastic is a great replacement for a certain type of blast furnace fuel, the so-called pulverized coal. Europe has a great track record of using chipped plastic instead of pulverized coal
25.05.2018
SPIEF 2018
Economic Protectionism and Global Markets
In the 1980s there was tension between the US and Japan <...> but the relative size of the Japanese and US economies is very different from that of China, and in addition Japan <…> was a strategic political partner for the United States, and now the situation is different. And now this can lead to a huge trade war
24.05.2018
SPIEF 2018
Taking Responsibility for the Future: A Long-Term Investment Strategy for Business
Sustainable development is a global megatrend. <...> It is important for us to ensure high quality of life as a result of our economic efforts. <...> The example of China suggests that inadequately controlled industrial development can lead to such grave environmental consequences that they undermine the quality of life as a whole, even despite the growth of the material component
24.05.2018
SPIEF 2018
Taking Responsibility for the Future: A Long-Term Investment Strategy for Business
Every company around the world that produces anything is involved in some form of environmental protection because it is economically profitable. I believe the task of the state and the society as a whole, is to strengthen these conditions, not at the expense of artificial barriers and requirements, but rather through structurally reinforcing of the trend
24.05.2018
SPIEF 2018
Taking Responsibility for the Future: A Long-Term Investment Strategy for Business
We aim to become more client-oriented. <...> The principle is to provide the client with maximum satisfaction. Creation of maximum positive experience for the client is the main tool for increasing competitiveness
24.05.2018
SPIEF 2018
Russia–Germany
Germany has the know-how that can increase labor productivity in Russia. Russia can become a source of raw materials for German enterprises and become the market for German goods
24.05.2018
SPIEF 2018
Russia–Finland
Consumers are not ready to buy products produced with technologies or by companies that are not friendly towards the environment. This is a general trend