OAO Lukoil

10/16/2020 | Press release | Distributed by Public on 10/16/2020 04:16

LUKOIL CONTINUES TO INVEST IN SOCIAL FACILITIES IN ITS OPERATION REGIONS

LUKOIL CONTINUES TO INVEST IN SOCIAL FACILITIES IN ITS OPERATION REGIONS

Friday, October 16, 2020

LUKOIL and the Government of the Astrakhan region concluded a Supplementary Social and Economic Cooperation Agreement, which provides for funding Astrakhan-based Zarya Kaspiya h​andball team.

LUKOIL has been supporting the team since 1997. Since then, the team has repeatedly appeared among the runners-up of Russian Handball Super League and various international competitions. It also played in 17 seasons of the European Cup competitions. The team paved the way for its players becoming Olympic champions and world-class athletes. Leading players of Zarya Kaspiya are regulars in the national handball team.

Under the agreement, the company will also help to create comfortable public spaces in the Astrakhan region's jurisdictions and hold LUKOIL's Social and Cultural Projects Competition.

Information

'Zarya Kaspiya' handball team was established in 1978 by the Astrakhan Computing Tools Research Institute. Seven years later, the team joined the top league of the USSR Championship for the first time in the history of Astrakhan handball. At the time, it played under the auspices of Dynamo Sports Society. Over time, the team was known as 'Zarya', 'Dynamo', 'LUKOIL-DYNAMO' and 'Zarya Kaspiya'.
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