The SEVERSTAL company IPO procedure, which is the biggest international steel producer, is considered in this paper. Initial public offering consists of supplying ordinary shares and GDR outside the Russian Federation and supplying ordinary shares in the country. The reasons of solution acception connecting with offering and new opportunities for subsequent market growth are also determined.
The necessity of environmental management accounting system’s development as the basis of competitiveness in market is analyzed. OJSC «Severstal», being one of the biggest international steel producers, carries out integrated environment program. OJSC «Karelsky okatysh» produces metallurgical raw material of high quality and works for contemporary environment requirements. There is an effectiveness estimation of environment cost’s management and prospective economic effect. Wide-ranging and long-term development of environmental activity provides the growth of competitiveness.
The importance and necessity of Environmental Management Accounting is substantiated. It’s definition and international ecological cost classification are given in this work. Special attention pays to review of material production line of OJSC «Karelskyi okatysh», ecological costs and the environmental policy’s directions.
