ENRC (United Kingdom) and Karaganda Akimat to cooperate in social projects
14.04.10 16:21
/KASE, April 14, 10/ - EURASIAN NATURAL RESOURCES CORPORATION
PLC (London), listing on Kazakhstan Stock Exchange (KASE), provided KASE
with a press release dated April 14, 2010:
Quotation begins
Today ENRC PLC CEO Mr Felix Vulis and Karaganda region akim Serik
Akhmetov signed a Memorandum on mutual cooperation to implement social
projects in the region.
Under the Memorandum ENRC will fulfill KZT746 m worth social obligations in
2010.
The ENRC-provided funding will be spent to support infrastructure of Zhayrem
and Shubarkol settlements, construction of residential complex Sary-Arka in
Karaganda, and sponsorship of health centers, educational and sports
institutions.
A very significant project is financing of a new clinic in Karaganda.
The funding is provided by Corporate fund ENRC Komek and ENRC units
located in the Karaganda region.
The Memorandum is evidence the parties are ready to strengthen and develop
mutual cooperation. It is the eight year in a row that ENRC is showing solid
adherence to corporate social responsibility.
A few social project memorandums are effective in other regions with ENRC
units operating, in particular in Aktobe, Kostanay and Pavlodar regions. In 2009
company social obligations reached KZT3.7 bn.
Mr Vulis commented: "For a number of years our company has been doing its
best to develop social environment in its units. Besides, ENRC is substantially
engaged in charity and sponsoring. It is no doubt; memorandums with local
authorities are a good example of successful implementation of social initiatives
of the company".
Contact:
ENRC Kazakhstan, Astana,
Corporate Communications
tel/fax. +7 (7172) 59 21 53
press@kz.enrc.com
ENRC PLC, London
Julia Kalcheva
Deputy Head Corporate Relations
tel/fax. +44 (0) 20 73891861
jkalcheva@enrc.com
Ends
[2010-04-14]