OREANDA-NEWS. Acron and the Veliky Novgorod Administration renewed an agreement on social and economic cooperation, existing since 2006. The Mayor of Veliky Novgorod Yuri Bobryshev and Acron’s Executive Director Vladimir Gavrikov signed the agreement, under which Acron will allocate approximately RUB 25 million to the city budget in 2017. In accordance with the agreement, the city administration and Acron will continue jointly addressing important social and economic issues to ensure stable development of the regional capital.

According to Mr Gavrikov, the agreement serves as a legal basis for the Company’s community activities and sponsorship of events in a variety of areas, including sports and culture. He also noted that corporate responsibility is an integral part of Acron’s long-term strategy. "Social commitment is not just timely and full payment of taxes. It also includes financing of community initiatives and programmes vital for the city, primarily aimed at improving living standards".

In its turn, the city administration pledged to promote investment activities and take part in addressing environmental issues, in particular maintaining and operating municipal biological treatment facilities.