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Integra brochure
(pdf - 1.6 mb)


July 18, 2011

Integra Group has deployed an enterprise risk management solution Impact ERM Suite


MOSCOW, July 18, 2011.  Integra Group has launched the deployment of Impact ERM® Suite software which is designed to prevent and timely resolve incidents in the area of quality, health, safety & environment (QHSE) management. This is the first time in history when the Russian version of this software will be used. The software has been translated jointly with specialists from Integra Group. Impact ERM Suite covers 1000 user stations across all major Integra Group subsidiaries in Russia, Kazakhstan and internationally. The specialists and managers of different levels, from line personnel to top managers, have access to this software.
By means of Impact ERM Suite, Integra Group is planning to dramatically improve the corporate QHSE Management performance. The deployed software will enable the Company to track promptly any QHSE event, streamline incident investigation and reporting chain, ensure the development and control over reactive measures. In addition, Impact ERM Suite makes it possible to analyze operational incidents and thus facilitates incident prevention.
“Application of the latest information technologies is only a part of the huge effort on operational incidents prevention made by us consistently and systematically. The ultimate goal of these efforts is to build up QHSE Management System which meets the best international standards”, - said Antonio Campo, Chief Executive Officer, Integra Group.


Reference

Impact ERM Suite developed by Syntex Management Systems Inc (a structural unit of IHS Global Inc) is being successfully used in more than 150 countries. Impact ERM Suite has been deployed by many oil and gas companies, including Shell, ConocoPhilips, Chevron and others. This software is focused on tracking and subsequent interpretation of the so called “near misses”, i.e. the events that under different circumstances could have resulted in physical harm to an employee, fatality or damage to the property.
Integra Group is a leading FSU-based independent diversified oilfield services provider and is also a manufacturer of specialized equipment used in the exploration, development and production of oil and gas. Integra operates in all major oil and gas producing regions in Russia and in many other CIS countries, where its customer base includes major domestic and international oil and gas companies. Established in March 2004, Integra Group has, through 17 strategic acquisitions, become one of the leading companies in the oilfield services and equipment manufacturing sectors of the Russian market and employs almost 15,000 people. Since February 27, 2007 Integra Group has been traded on the London Stock Exchange (symbol: INTE).
           Since 2010 Integra Group has been implementing the company-wide program of QHSE Management System improvement which envisages an overhaul of existing rules and regulations, establishment of a unified corporate QHSE culture, deployment of latest information technologies in the field.

For additional information please contact:

Integra Group  

Andrei Machanskis
Head of Investor Relations 
Tel. +7 495 933 0621
amachanskis@integra.ru


Konstantin Schwarzkopf
 
Vice President for Public Relations
Tel. +7 495 933 0621
kschwarzkopf@integra.ru

 


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Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Integra Group. You can identify forward-looking statements by terms such as “expect,” “believe,” “anticipate,” “estimate,” “intend,” “will,” “could,” “may” or “might,” or the negative of such terms or other similar expressions. These statements are only predictions and actual events or results may differ materially. Integra Group does not intend to or undertake any obligation to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in Integra Group’s projections or forward-looking statements, including, among others, general economic and market conditions, Integra Group’s competitive environment, risks associated with operating in Russia, rapid technological and market change, and other factors specifically related to Integra Group and its operations.
 
This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of Integra Group, nor shall any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision relating thereto, nor does it constitute a recommendation regarding the securities of Integra Group.