Smart Energy allocated 1.7 mln UAH to social projects in first half of 2019

Smart Energy allocated 1.7 mln UAH to social projects in first half of 2019
Smart Energy Group of companies allocated funding in the amount of 1.7 mln UAH to develop community social infrastructure as well as to charity.

In particular, the Representative Office of Regal Petroleum Corporation Limited, which operates in Poltava region, transferred 714 thous UAH within the framework of the memorandum about social infrastructure development in Lokhvitsya region. These funds are aimed at co-financing of auditorium major repair in Yakhnikivsky village hall and current road repair in Yakhnyki, purchasing of office machines, appliances, and equipment for Lokhvitsya district state administration, solar batteries installation for Lokhvitsya District Hospital.  Besides, the Representative Office supported students from Lokhvitsya musical school and young sportsmen  with 158 thous to pay for transport services to All-Ukrainian volleyball competitions and other projects. 

In Kharkiv region Prom-Energo Product company allocated 513 thous UAH. Of this amount, 275 thous UAH were directed at ensuring food for children of groups entitled to special benefits in school canteen of Vvedenskiy teaching and educational institution. Other funds were directed to transfer children from robotics club of Vvedenskiy teaching and educational institution to competition in Kharkiv, construction of playground for children in Novaya Pokrovka village, assistance in reconditioning of communal grave to buried soldiers in World War Two, purchasing of sports equipment for boxing club in Vvedenka.  

Ukrgazvydobutok, a company operating Kharkiv region, assisted in creating the register of agricultural areas of Yakovlevskiy village council and implementing the project SMART HUB in Nova Vodolaga as well as purchased and delivered goods and materials to repair water pipe and other projects to the amount of 297 thous UAH.

Reference

Smart Energy is a part of Smart-Holding and is in charge of implementing exploration projects, commercial development of the hydrocarbon deposits.

Oil & Gas business block of Smart Energy is represented by gas producing Ukrgazvydobutok (Kharkiv region) and Regal Petroleum, a listed British company having assets in Poltava and Kharkiv regions (Prom-Energo Product).

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