Hellenic Gold: Social and environmental projects € 1.3 million in the Municipality of Aristotle in 2021


Consistent with the principles of Responsible Mining, the Greek Gold continued and 2021 the its investments in social and environmental projects in Municipality of Aristotle, implementing more than 20 projects and over 50 social responsibility actions of total value EUR 1.3 million.

Hellenic Gold’s long-term goal of the social investment program remains the continuous improvement of the quality of life of the citizens, the maximization of the protection of the environment and the creation of conditions that will lay the foundations for the long-term, sustainable development of the region.

Next to the residents

In collaboration with the Municipal Authority, Hellenic Gold undertook the implementation of important infrastructure projects, such as its restoration of the Olympiada-Varvara road (worth over 300,000 euros) which suffered severe damage in the severe bad weather of 2020. At the same time, carried out a series of maintenance work on local infrastructure and buildings (eg community facilities, schools, road network) and undertook the costs of repair and maintenance of vehicles and machinery of the municipality .

In view of the access of the inhabitants to a perfect health system in their place, great importance was given to his support local primary health care system for which Hellenic Gold covered the manning costs of the Community Clinics in Stratoni and Olympiada, a project worth 50,000 euros.

The total investment for the above projects amounted to 600,000 euros which, in addition to the immediate improvement of the daily life of the citizens, gave a significant breath to the budget of the Municipality.

Caring for the environment

Within 2021, Hellenic Gold completed another part of the extensive environmental rehabilitation program which has been working for a number of years to clear land from mining uses of previous properties. In this context, he handed over to the local community one new natural area of ​​30 acres which for decades was a landfill for arsenic silicates with an impact on the local environment.

Contributing to the maintenance of a clean and healthy image of the residential tissues of the municipality, Hellenic Gold donated a new garbage truck worth 250,000 euros to the Municipality of Aristotle, covering expenses and logistical equipment for the cleaning services of the municipality, while taking care of the safe collection of strays animals with vehicle donation worth 20,000 euros.

In addition, for protection of forest wealth of the country, Hellenic Gold collaborated with the New Aeroclub of Thessaloniki for the aerial surveillance of the forests of the area throughout the firefighting period, while standing next to the fire-affected areas of Attica, with a total support of 30,000 euros.

Investing in tomorrow

With a view to the new generation that will create the future of the region, Hellenic Gold emphasized the support of the education sector with two important actions:
Take over and complete it renovation of 7 schools of the area and installed water filtration system in all schools of the Municipality of Aristotle. This is a project with a total value of 180,000 euros that facilitates the daily life of the students of the Municipality so that they can focus on what is most important: their learning process.

In addition, it continued for the 4th consecutive year robotics & STEAM program for students in the area, in collaboration with Eduact, an investment of 80,000 euros that cultivates in students important skills and knowledge for the future, developing their critical thinking.

Sustainable development report

The above actions complement the extensive work that has been implemented in recent years in the area with investments of over € 24 million for support projects in the local community. It is worth noting that as mentioned in the Sustainable Development Report 2019-2020 that was published recently, Hellenic Gold provided a total – and despite the difficult financial situation of the company – 6% of its net profits in social investments, which is one of the highest rates of social investment in the wider industry. Read it Corporate Responsibility Report 2019-2020

It is worth noting that Hellenic Gold will continue on the same path in the future, as in the framework of the New Investment Agreement it plans emblematic investments of around € 70 million in social welfare and local development projects, always in collaboration with the local community. This is a new, ambitious social investment program, which will stimulate the development of the region and will be a legacy for future generations.


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