Charitable Activities

Social and charity programs are considered an integral part of the Company’s corporate strategy and contribute to constructive cooperation with the state, business circles and society. The corporate programs are of a targeted nature and based on regional professional experience and human potential. Moreover, the Company realizes that charity activities should not give rise to social dependency. The joint activities of business, nonprofit and public sectors aimed at solving the urgent social and economic issues faced by local communities are considered an integral part of this approach. Since Company operates in Utah region, has been implementing a number of programs aimed at supporting the crafts of small nations. A special feature of the Company’s operations in areas is that they can significantly impact the indigenous population. Increase in oil and gas production and aggressive exploration of the subsoil may interfere with the vitally important trades of these people, such as deer breeding, fishing and hunting. Changes in the traditional lifestyle of indigenous peoples create social and economic problems. MCW Energy Group corp. policy provides for a gradual transition from charity to a predominantly economic partnership.