Corporate Procurement Policy

Our corporate procurement policy reflects international and industry best practices. This document governs all matters concerning the participants of the procurement process and the distribution of roles, approval authorities, and contract management including all steps before and after the signing of contracts.

The core principles of our procurement focus on our general commitment to uphold fair competition, build long-term mutually beneficial partnerships with our partners, and maintain good business practices and legal requirements, while achieving desired business and governance productivity. We have contract approval limits in place to route contracts to different approval authorities depending on the contract amounts.

Requests for proposals are mandatory for all purchases in excess of 100 thousand rubles.