Contributing to social and economic growth of regions and working with local communities remain one of the key priorities of GEO ALLIANCE Group.

In March 2017, the Group signed a Memorandum on the participation in development of Lokhvytsia district infrastructure with Lokhvytsia District State Administration and Lokhvytsia District Council in Poltava region. The total amount specified in the document is UAH 5.8 mln. Respective agreements were also signed with Myrhorod District State Administration in Poltava region, Bayrak Village Council in Lypova Dolyna district in Sumy region, Yakhnyky Village Council in Lokhvytsia district in Poltava region and Department of Education of Lokhvytsia District State Administration.

The key goal of the agreements is to improve the wellbeing of local residents, contribute to development of engineering infrastructure, implement actions on municipal units’ land improvement and build wealth of towns and villages.

Over less than 6 months, the Company has made social investments amounting to UAH 2.6 mln.

Please be reminded that in 2016 GEO ALLIANCE Group executed a number of social projects totaling UAH 7 mln.