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 2020, Etalon Group delivered five educational institutions for children with a total area of over 7 ths sqm:
- three preschool within the Galactica residential quarter designed for a total of 200 pupils;
- a preschool at the House on Kosmonavtov residential complex;
- a preschool for 140 children at the Okhta House residential complex.
The Company also handed over to the city a preschool with places for 80 children built as part of the Fusion residential complex and began construction of another, three-storey preschool for 220 pupils with a total area of more than 5 thousand sqm at the Galactica residential quarter.
In Moscow during 2020, Etalon Group received a statement of conformity with requirements for the design documentation for a preschool building at the Etalon City residential complex. The preschool was delivered in January 2021. The modern three-storey building with an underground service floor has a total area of 3 thousand sqm. It can comfortably accommodate nine groups of 25 children aged 3–7.
A school for 625 pupils will also be built on the grounds of the project. In 2019, the initial design of the building was revised at the initiative of the developer, and the total area of the school was increased from 6.2 thousand sqm to 10.8 thousand sqm to ensure that there would be a sufficient amount of educational infrastructure for the residents of the Etalon City residential complex. Etalon Group began construction in September 2020 and expects to complete the facility by the end of 2021.
Etalon Group provides charitable assistance to cultural institutions, donates funds for the restoration of churches, finances sports and recreational activities, and supports charitable foundations. In total, Etalon Group spent over RUB 46 million on charity programmes in 2020.