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 Friday, August 14 2020 12:53

GeoProMining will direct 50 million AMD subsidy ( $100 thousand) to fulfil a number of  social programs in the city of Vardenis

GeoProMining will direct 50 million AMD subsidy ( $100 thousand) to fulfil a number of  social programs in the city of Vardenis

ArmInfo. GeoProMining Company will provide a subsidy in the amount of 50 million AMD to the state subvention program aimed at development of social infrastructures in the city ​​of Vardenis . 

This social cooperation agreement was signed by the Mayor of Vardenis Aram Melkonyan and General Director of  GeoProMining Gold Anatoly Gogotin, in the presence of the Governor of Gegharkunik region Gnel Sanosyan.

In particular, state subsidy programs of 420 million AMD worth envisage full asphalting of 2 km length central streets of Vardenis community, renovation of sidewalks of 5 main central streets, installation of curbs, renovation of Victor Hambardzumyan Park, landscaping, installation of new doors and windows in 43 apartment buildings of Vardenis, improvement of Vardenis city alleys, landscaping of the central streets of the community.

Earlier GeoProMining, within the framework of the social policy "Resources for Good”, implemented a large-scale project of construction of a gas pipeline and heating systems in four schools and a kindergarten of the region.  During the coronavirus pandemic the company secured  thousands of families of the region with food products, and also provided financial support to the target groups of the population (children with disabilities, veterans of war, families of the deceased), and medical workers for their humanitarian deeds in the fight against coronavirus infection . 

The company GeoProMining Gold is the largest employer in Gegharkunik region; about one thousand employees work at Sotk mine. The company fulfills all tax and social obligations stipulated by law. The company traditionally implements social and charitable programs to support communities in the regions of its presence - Gegharkunik and Ararat regions. Social budget of the company for 2019-20 exceeds one million dollars.

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