Kulibayev and Mashkevich signed memorandum on cooperation in mining-metallurgic branch of Kazakhstan

Date: 03:50, 08-07-2014.

Astana. July 8. KazTAG - Timur Kulibayev, chair of presidium of national business chamber and Alexander Mashkevich, chair of directors' board Eurasian Resources Group (ERG) have signed a memorandum on cooperation in the field of development of mining-metallurgic complex of Kazakhstan.

"ERG has been working in Kazakhstanfor a long time; the company has also been conducting social policy. The annual expenses almost -3 bln tenge -are directed to support social infrastructure. The company is actively training the personnel, more than 40 000 people have been prepared within the frameworks of corporation, more than 6 bln tenge have been directed for this. Sponsorship and charity are being conducted. Annually ERG allocates 16 bln tenge for such regions as Pavlodar, Kostanay, Karaganda, Aktobe," he said.

The memorandum stipulates cooperation of the sides for perfection of tariff regulation methods of monopolists’ activity in the field of railway transportations, transit of electric power, market of strategic goods, including fuel.

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