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Company history

Company history

January

  • ERG becomes a partner of the Sisters of the Good Shepherd to support the alternative livelihood sources - Bon Pasteur Alternative Livelihood.

February

  • TransCom Transportation Group is recognized as the most successful company in the freight forwarding business of Kazakhstan.
  • Pavlodar hosted the first ERG Barysy Kazakh Kuresi tournament among the entities of the Eurasian Group of the Pavlodar region.

March

  • Eurasian Resources Group launches a project on creation of youth entrepreneurship ecosystem among students.
  • Aluminium of Kazakhstan JSC and Kazakhstan Aluminium Smelter JSC launched the Arrow business solution program.

April

  • The Eurasian Group (ERG) presented a program to improve safety at work within the KIOSH-2017.

May

  • A new deposit in Khromtau was put into operation by JSC TNC Kazchrome.

  • Kazakhstan Aluminium Smelter produced two million tons of aluminium .

June

  • Employees of the Eurasian Group (ERG) entities organized the first corporate ERG Environmental Crew event dedicated to the World Environment Day.
  • The 60-apartment residential building for employees of the Eurasian Group (ERG) was commissioned in Khromtau.
  • Eurasian Resources Group and VTB Bank signed a new memorandum on cooperation.
  • Eurasian Resources Group became a partner of the country pavilion of the Grand Duchy of Luxembourg at Astana EXPO 2017.

July

  • The first forum of contracting organizations of ERG was held in four regions of Kazakhstan.

August

  • The S&P Global Ratings rating agency raised the long-term and short-term corporate credit ratings of Kazakh mining company Eurasian Resources Group (ERG) S.a r.l. from CCC+/C to B-/B. The outlook on the ratings is stable.
  • The first corporate ERG KVN (Club of the Merry and Inventive) took place in Pavlodar .

September

  • ERG and Bahia Mineração announced the signing of a Memorandum of Understanding with the Brazil state of Bahia and a consortium of Chinese companies to develop a comprehensive project for extraction of 20 million tons of iron ore per year.
  • ERG and other leading companies and international organizations announced the foundation of the international alliance for the responsible supply chain applying ethical business practices for the battery sector.

October

  • «Shubarkol Komir JSC launched the Arrow business solution program.
  • The Eurasian Resources Group (ERG) and the Eurasian Development Bank (EDB) signed a crucial supplementary agreement, which relates to the $ 95 million revolving loan facility to provide pre-export financing of iron ore supplies from the leading entity of ERG.

November

  • The ERG Innovators Forum II took place in Astana.

  • ERG raises healthcare benefits of employees of JSC SSGPO, JSC AoK, JSC KAS and Pavlodar Machinery Plant at the employer's expense for 2018-2019.

  • The Eurasian Group is recognized as the best innovative company of Kazakhstan.

December

  • Smart Mine was launched at SSGPO as part of the implementation of Industry 4.0 elements.
  • Kazakhstan Aluminium Smelter celebrated its 10th anniversary.

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