Quality, Health, Safety and Environment Policy

Enhancement and improvement of development, production, delivery, repair and oil field equipment service is the main objective according to Novomet executive management.
The development of the company is based on the improvement of the products quality and the quality of business processes, enhancement of the efficiency of Quality, Health, Safety and Environment.
The core of the business aimed at the development and improvement of the organization is to comply and continuously enhance the efficiency of Quality, Health, Safety and Environment management systems in accordance with the requirements of ISO 9001:2008, ISO 14001:2004; OHSAS 18001:2007.
The group of companies is also obliged to strictly follow all the legislative and standard regulations as well as other additional obligations in Quality, Health, Safety and Environment sphere.
Quality, Health, Safety and Environment management systems are based on the following principles:

• Continuous improvement of the existing business processes through LEAN-practice and both professional and personal progress of the personnel.
• Development and manufacturing of products according to the market demand, meeting and predicting customers needs.
• Intention to be one of the leading manufacturers of downhole equipment for oil production.
• Providing sustainable financial and economic growth of the Group, permanent development of our production and technical facilities, as well as improving organizational structure and R&D base.
• Prevention of accidents and environmental pollution cases caused by companies’ activities.
• Strict compliance of health, safety and environment standards by employees and subcontractors’ personnel.
• Conducting analysis of impact on environment and reasons of accidents happened, including detection, control and assessment of hazards while planning further activities and making decisions according to their extent.

Novomet executive management strongly believes that compliance with above principles of HSE and quality improvement will contribute to prosperity of our employees, customers and the whole community.

Approved on February, 03, 2010