Burisma Officially Named Ukraine’s Top Private Gas Producer by National Corporate Reputation Ranking

Burisma Holdings, Ukraine’s largest independent gas producer was named top private company among oil & gas producers operating in Ukraine, and the second in the industry after a state-owned “Ukrgazvidobuvannya”, based on II National Corporate Reputation Ranking “Reputational activists” held by the weekly periodical “Business” in the framework of the XIV International PR-festival. According to the Advisor at the Board of Directors at Burisma Holdings Vadym Pozharskyi, the results of the National Reputation Management Ranking speak of a very high external assessment of the work done by the Burisma team. “Over the past year, Burisma Holdings has become the most globally recognizable Ukrainian gas producer. New projects in Ukraine and abroad, an increase in natural gas production to 1.2 billion cubic meters and the purchase of the “KUB-Gas” company transformed our company into a global group with interests located on three continents. It was not, however, just external factors that played a key role in strengthening the company’s reputation. In 2015 alone, companies in the Burisma Group paid circa USD 3 billion in taxes. This indicates that we are one of the leading industrial taxpayers in the country, which once again confirms our social orientation and compliance with best international corporate practices. At the same time, equally important is the human resources management. The company helps its employees grow and develop within the company, mastering latest technology and best equipment together with European and US specialists. Also, over the last year, we had new employees from Ukraine, and other countries, including Europe join our team”, said Board Advisor at Burisma Holdings Vadym Pozharskyi. “If you look at the history of our company, it is clear that for a long time, we have been investing into the company’s development. Today, the situation is no different from what it used to be: we are investing in the development of the industry substantially more than other companies are. We have best personnel and most technological equipment, which allows us to drill 2900 m deep wells within just three weeks. Innovative methods of horizontal drilling used in more than 50% of wells in complex geological conditions make Burisma a desired partner on big projects. We are already bringing our expertise, services and drilling technology to international markets. In addition, there are also fundamental principles that work as filters when it comes to reputation. For example, we pay taxes here and now; we continually invest in Ukraine, despite macroeconomic and political risks; we are a technology company that uses innovative methods in natural gas production. By making the industry global, Burisma develops the Ukrainian economy. This approach allows us to be constantly open to change”, noted Board Advisor at Burisma Holdings Vadym Pozharskyi.