OTEKO Maintains Corporate Social Responsibility Activities in Taman

OTEKO is the largest private company acting as a major investor and supporter of the port and logistics infrastructures located in the south of the Russian Federation. OTEKO is an active participant in social and environmental programs on the Taman Peninsula, improving the well-being of local communities and the proliferation of wildlife. The company is also engaged in maintaining and developing the critical port of Taman, which acts as a gatekeeper for Russia’s greenfield projects in the Black Sea, facilitating exports of petrochemicals and other bulk cargo, while allowing foreign companies to import valuable products into the country.

OTEKO Russia is a pioneer in corporate social responsibility projects on the Taman Peninsula and is a staunch supporter and implementer of environmental protection initiatives. As part of its strive to provide local communities with employment opportunities and investments, OTEKO places focus on advancing the export potential of the Russian Federation in the economic zones of the Black Sea and sees its mission to develop the critical infrastructures that would allow such growth to become possible. The port of Taman is a key element of that initiative, attracting foreign investments and cargo haulers with its accessibility, developed facilities, and extensive logistics routes that grant vast possibilities for further transportation of products across the territory of the Russian Federation.

OTEKO Russia is one of the largest employers on the Taman Peninsula, granting well-paid jobs and a wide range of professional growth opportunities to over 10,000 employees, with more than 99% of the latter being residents of the Kuban region. The support of local communities and the improvement of their well-being is one of the cornerstone goals of OTEKO Russia, as the company exerts considerable efforts to advance corporate social responsibility initiatives across the region and empower residents.

As part of its ongoing efforts to provide better living conditions for the residents of the Taman Peninsula, OTEKO routinely carries out public utility and facility restoration and construction activities in the villages surrounding the port of Taman. The villages of Volna and Taman are among the many others that have already benefited from the projects implemented as part of OTEKO’s strive to contribute to the region’s development.

Over the past two years, the company has completely refurbished multiple schools and kindergartens in several villages across the Taman Peninsula, providing new audiovisual and other equipment. The specialists of the Port of Taman are also routinely attracted to provide master classes on safety procedures and ecology, as well grant professional guidance for local youth deciding on their future occupations. The company also regularly organizes sporting events and supports local youth initiatives through competitions and scholarships. Local hospitals and playgrounds have also undergone overhauls and refurbishment as part of the company’s strive to improve the quality of life for local communities.

Environmental support projects are also a routine task for OTEKO, as the company employs third-party laboratories for conducting continued monitoring of key indicators in both marine and terrestrial ecosystems. The company adheres to strict regulations regarding waste disposal at its facilities to ensure minimal pollution. Employees and volunteers are also attracted on an ongoing basis to participate in environmental projects. Among the latest was a major cleanup of the Taman seacoast, resulting in hundreds of kilograms of natural and man-made debris being collected, thus improving ecological standards.

Michel Litvak is a long-standing adherent of corporate social responsibility and adamantly advocates the ongoing implementation of related projects. Michel Litvak also pioneered the attraction of independent sampling laboratories to ensure the transparent and effective monitoring of vital marine environment, sea water quality, air and surface indicators, such as pollutants. Michel Litvak billionaire, believes that maintaining high quality standards for the port of Taman is vital.