On the company policy – first-person perspective
Dimitar Tsotsorkov, Chairperson of the Supervisory Board
“There is no way for a company to be successful, if it is not socially responsible, not ethical, or does not care for the environment. Moreover, this is no longer just a matter of regulations. It has been a matter of public expectations, standards and values for a long time.”
“We have a cohesive corporate culture, continuity, and strong traditions that unite us. Placing care for people and nature as our top priority is intrinsic of our policy is that we We have worked hard to become a preferred employer; we are happy with the young people we attract through dual education and the motivation for results and success demonstrated by the people in our team.”
“The company sustainable development project until 2040 is a priority for us, therefore our current efforts are focused in this area. This is a huge project per se that requires significant investment and good planning, but it will ensure employment and socio-economic benefits for the region.”
“The mining industry endures adversities and succeeds. It succeeds in coping with hardships, overcoming instability, complying with regulations, evlopving, and challenging itself with even higher standards in the fields of social, environmental, and responsible business management. This is what we see through our experience. We do not turn a blind eye to the challenges. We recognize the significant contribution we make to the people of our region and to the socio-economic prosperity of the municipality of Panagyurishte. We appreciate the significance of commodity independence and the opportunities our country has copper mining and processing as a commodity of critical and strategic importance for the green transition and digital technologies.”
“For me—as Chairperson of the Supervisory Board of Asarel-Medet and of the UN Global Compact Bulgaria Network—it is important that we make a meaningful, measurable and tangible contribution to the global Sustainable Development Goals, because this means that all of us together are moving in the right direction.”
Eng. Delcho Nikolov, Chairperson of the Management Board
“Continuity between generations and professionals at Asarel-Medet is among the reasons for our success. Both based on my long-standing experience and my current perspective, Asarel is a company I am proud of because of the significant role we play in the development and the contemporary image of Panagyurishte and the region. Technological renovation and retrofit are a must for our business and this is the reason why we serve as an example with digital innovations and investments in the long-term sustainable development of the company and the region.”
BGLOBAL Magazine, 2024
Eng. Nikolay Peltkov, Executive Director of Asarel-Medet JSC
“The life of the mine has already been significantly extended compared to the original design, thanks to our investments in modernization and new technologies. We are able to efficiently process ores of the lowest average copper grades in the world of 0.27%, whereas in 1993 we were operating with 0.44%. Our vision is not focused on short-term gains, but on long-term sustainable development that ensures optimal utilization of mineral resources, regional prosperity, and sound socio-economic development.” “Mining companies do not choose where to develop their business; they operate where mineral resources are discovered. I believe this makes us much more closely connected to the other wealth of the region—its people. Social responsibility is part of our corporate culture, and we provide one of the best examples in the country. We have shown how, with the support of business in a municipality like Panagyurishte, it becomes possible to enhance people’s standard of living, healthcare, museum activities, sports and tourism.”
“Care for people and nature lies in the core of our policy, followed by production and economic results. Our approach is to implement automated monitoring systems and act preventively before an issue has even emerged.”
“For Asarel, sustainable development is a balance between economic efficiency, environmental care and social responsibility. The foundation of our progress lies in our seven corporate programs for innovation and modernization, development of the mineral resource inventory, energy efficiency, environmental protection, occupational safety, human capital development and corporate development.”