Etalon Group participates in the life of local communities by contributing to the development of the regions where it operates. The Company does what it can to help and to have as much impact as possible. First of all, in view of our business profile, this involves the construction of infrastructure both at Etalon Group residential complexes and in facilities unrelated to the Group. In addition, we are involved in the restoration of historical monuments, the organisation of cultural and sporting events, as well as charity activities.
Development of social infrastructure
In 2018, Etalon Group built six preschools and schools in St Petersburg and the Moscow region:
- 3 built-in preschools in the first phase of the Galactica project;
- a preschool for 220 children at the Moscow Gates residential complex;
- a preschool educational facility with a section for primary classes at the Emerald Hills residential complex. The preschool is designed for 140 places in six groups, and the section for primary classes is designed for 10 classes with a total of 250 pupils .
In April, the Company received permission to build a dance school at the Emerald Hills complex. With places for 280 students, the school will occupy a separate four-storey building with a total area of almost 4,000 square metres. The building will include nine choreography halls with a ceiling height of about 4 metres, dance halls with special flooring, an auditorium, a break area, changing rooms, administrative rooms and a medical unit. The opening of the school is planned for 2019.
In addition, in 4Q 2018, construction began at the Emerald Hills complex on a medical centre with a polyclinic for adults and children designed to handle 413 visits per shift. The commissioning of the facility is scheduled for 4Q 2019.
Charity Etalon Group supports charitable organisations that provide assistance to homeless and needy people, children with serious illnesses and orphans, and the Company also finances cultural projects. In 2018, for example, Etalon Group provided financial support to the Construction Veterans of Moscow Foundation and cultural institutions, as well as directly to combat veterans and distinguished workers. In addition, the Company sponsored sporting and health-related events in St Petersburg in 2018.