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The Irkutsk Region Government and GV Gold (Vysochaishy, OJSC) Signed the Social and Economic Partnership Agreement

GV Gold (Vysochaishy, OJSC) and The Irkutsk Region Government Signed the Social and Economic Partnership Agreement


On February 25, GV Gold (Vysochaishy, OJSC) and the Irkutsk Region Government signed the social and economic partnership agreement.

The agreement includes a list of social activities for 2016, implemented at GV Gold funds expense (for the total amount of RUB 20.5 M) for the social and economic development of Irkutsk Region, in particular, Bodaibo (Bodaibo Area, Irkutsk Region). It is decided that the company co-finances the improvement of the educational and cultural institutions, renders a financial assistance to the Veterans’ and Disabled Persons’ Councils, upgrades the Bodaibo regional hospital facilities and implements a number of other activities.

As GV Gold CEO Sergey Vasilyev commented, the Company has been participating in different social programs since the day of its establishment and has allocated for this purpose hundreds of millions of RUB. In his turn the head of the regional government Alexander Bitarov expressed hopes that the partnership would be efficient and fruitful.

“Irkutsk Region has an established practice of signing social and economic partnership agreements with enterprises working on its territory. GV Gold, being one of the leaders in the gold mining sector, represents a major taxpayer to the regional budget. It is also very important for us that the company participates in different social activities”, - remarked Alexander Bitarov.