Acron OAO

11/19/2021 | Press release | Distributed by Public on 11/19/2021 02:13

Partomchorr Transfers RUB 141 Million to Apatity Budget

Mining Company Partomchorr (part of Acron Group) and the Apatity city administration entered into a social and economic partnership agreement to maintain and improve social opportunities and public infrastructure in Apatity. Under this agreement, Partomchorr transferred RUB 141.4 million (USD 1.99 million) to the city budget.

Of that total, the city will spend just over RUB 95 million to construct an indoor football pitch with the goal of increasing the number of available sports facilities and promoting sports and healthy lifestyles in the area.

Road safety is another top project, garnering RUB 21.5 million of the total allocation, followed by school infrastructure, on which the Apatity city administration will spend approximately RUB 17 million.

In addition, RUB 4.8 million were allocated for the renovation of the gymnasium at the Yegorov community centre. Partomchorr also channelled funds for building new playgrounds, athletic fields and urban landscaping.

Mining Company Partomchorr is developing the Partomchorr deposit in Murmansk region. The mining licence, initially obtained in 2006 by North-West Phosphorus Company, another member of Acron Group, passed to Partomchorr in 2016. Since the start of cooperation, agreements with Acron Group companies have brought the local budget over RUB 1 billion, including RUB 350 million for maintaining the area's sports facilities.