Avellana Gold continues the systematic implementation of its long-term strategy in Ukraine, aimed at establishing one of Eastern Europe's largest complexes for the extraction and processing of polymetallic ores. The company remains focused on the principles of sustainable development, environmental stewardship, enhancing energy efficiency, development of the region’s economic potential, and investment in human capital.

The planned scope of measures provides for the integration of several deposits into a single production ecosystem. The next step in this process will be the start of extraction at the Berehove and Kvasovo deposits. Alongside the development of the Muzhievo deposit, this will enable the establishment of a full-scale mining cluster operating in line with the highest international standards.

Primary environmental challenges stemming from historical waste accumulated during past operations at the Muzhievo deposit have been successfully resolved. The company is now transitioning to the environmental management phase, which includes the reclamation of cleared areas, regular environmental impact monitoring, production process optimization, and the implementation of modern waste management practices.

The company is building a stable tax base and is already delivering a tangible economic contribution to the Zakarpattia region.

In 2025, Avellana Gold paid nearly UAH 60 million in taxes to budgets at all levels, while in the first months of 2026 it paid more than UAH 4 million. These revenues will contribute to financing local infrastructure and social needs.

In response to current challenges in the energy market, the company has identified energy efficiency as one of its priority development areas for 2026. In particular, Avellana Gold is working on implementing solutions of in-house electricity generation, with a focus solar energy. This will increase the energy autonomy of production processes, reduce operational risks, and ensure compliance with modern environmental standards. Building an integrated, independent energy supply system is an essential component in the development of the future mining cluster.

Beyond establishing a sustainable tax base, the company contributes to the development of Zakarpattia through its socially responsible role as an employer. As of today, the Company currently employs over 160 people, and Avellana Gold is actively recruiting specialists for key production roles, including development miners, drill operators, processing plant operators, specialized vehicle drivers, fitters, and mechanics. Employees relocating from other regions are provided with support in relocation and assistance with the social adaptation of their families.

The company’s HR policy is based on the principle of long-term cooperation, aimed at building stable professional teams while minimizing staff turnover.

Avellana Gold has defined job creation and social responsibility toward the regional community as core principles of its operations at a time when the Ukrainian economy requires real, immediate results rather than mere expectations of future investment prospects.