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KARAKAN INVEST, KEMEROVO REGION’S AUTHORITIES SIGN AGREEMENT ON SOCIAL, ECONOMIC COOPERATION IN 2018
20.02.2018

Russian Kemerovo Region’s First Deputy Governor Vladimir Chernov and LLC Karakan Invest Director General Alexander Evtenko signed an agreement on social and economic cooperation in 2018 on February 20. This is the eighth agreement of the kind signed since 2010.

At the beginning of the ceremony the sides stressed full implementation of the company’s commitments with regard to the 2017 agreement. The coal production amounted to 4.43 million tonnes, which is 5.5 percent more, compared to 2016. The total of 105 new jobs have been created and the employees’ incomes grew by 16 percent. The investments in production development and renovation exceeded 1.6 billion rubles, including 1 billion rubles assigned for technical upgrade and 32 million rubles — for social events. Some 105,000 tonnes of coal were allocated to satisfy the needs of the region’s housing and utilities infrastructure.

During the meeting, Chernov and Evtenko noted that the company, producing 2.5 percent of the coal output in Kuzbass Region, supplies 10 percent of coal needed for the Kemerovo Region’s housing and utilities infrastructure annually.

«Our main priorities are and will always be ensuring stable work of the group of companies’ enterprises, social and economic support of our work team, families and pensioners, joint implementation of the social and ecological programs of the region, town of Belovo and Belovo area,» Evtenko said.

In 2018 the sides agreed on allocating 41 million rubles for funding the region’s social events. Traditionally, the company made commitments to increase employees’ average monthly salary given the output growth, rise in labor productivity, increase in demand and prices for the produced goods. The total of 10 and 12 million rubles will be allocated for ensuring worker safety and social protection of employees and pensioners, correspondingly. The agreement also implies investing over 500 million rubles in production development.

In addition, the agreement identifies the funds, provided for preparations for the celebration of Miners’ Day in 2018, purchase of New Year presents for orphans, allocation of coal on charity basis and to cover need of the region’s housing and utilities infrastructure.

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