Over 20.5 billion rubles will be allocated by the Kuzbassrazrezugol company (an enterprise of the raw materials complex of the Ural Mining and Metallurgical Company) in 2019 for the development of its own production capacities, as well as for the implementation of social support measures for the Company's employees and implementation of state and regional social programs. These obligations are enshrined in the Agreement on social and economic cooperation signed today between the Government of the Kemerovo Region and JSC MC Kuzbassrazrezugol. The document was signed by the first deputy governor of the region Vyacheslav Telegin and the director of the Company Sergey Paramonov.
The parties emphasized that the Agreement on socio-economic cooperation in 2018 was fully implemented. The total cost of implementing industrial and social programs last year amounted to 18.6 billion rubles. Including 17.4 billion rubles was invested in the development of production, 302.5 million rubles were allocated by the Company to the implementation of state and regional social programs.
In 2019, the Kuzbassrazrezugol Management Company was more than 2.5 times will increase the cost of financing social state and regional programs - up to 818.8 million rubles. In particular, these funds were directed to the construction of a sports and recreation complex with artificial ice in the village of Bachatsky (Belovsky urban district), the improvement of settlements, the preparation and conduct of the regional Miner's Day, the supply of charity coal. More than 580 million rubles will be allocated for social support of employees and retirees of the Company.
This year, Kuzbassrazrezugol Management Company also increased production investments - up to 19.25 billion rubles. The Company will use these funds to upgrade the fleet of main mining equipment, develop railway transport, and build treatment facilities and life support facilities for coal enterprises.
“The Company continues to pursue a course towards modernization of production, annually increasing the volume of investments. At the same time, due to the unfavorable situation in the coal market, the annual plan for coal production has been adjusted, - says Sergey Paramonov, director of JSC MC Kuzbassrazrezugol. - In order not to increase the remains of products in warehouses, it was decided to abandon the planned increase in coal production for this year to 50 million tons. Taking into account the market conditions, the plan for 2019 has been adjusted to the level of 47 million tons.
