Improving Working Conditions

Rosneft is consistently focused on creating comfortable and safe working conditions to ensure maximum labor efficiency. As part of its social policy, the Company actively develops new recreation areas, maintains social infrastructure, and finances projects to enhance the comfort and safety of living.

One of Rosneft’s top priorities is ongoing development and improvement of its shift camps that currently accommodate thousands of employees. The Company has therefore adopted the Social and Production Standards for Shift Workers, and the Target Program to ensure these regulatory requirements are being duly implemented and strictly observed. As a result of comprehensive infrastructure development activities the Company’s shift camps are changing drastically, with the old-style hostels being supplanted by modern and much more comfortable housing, improving healthcare, broadening range of public services, and new sports and recreation facilities being constructed. In 2009–2017, the Company plans to invest RUB 14.8 bln in the shift camp upgrade program. In 2010, the Company spent almost RUB 1 bln on modernization projects at over 160 facilities.