Kyiv, 25 January 2012 – Avellum Partners is proud to announce that it joined the initiative on ethical business conduct by signing the Declaration on Responsible Partnership (the “Declaration”). According to the Declaration, the companies-signatories undertake to work primarily with partners and suppliers, who conduct their business transparently and fairly, comply with human rights, including in the area of labor relationships, and adhere to standards of environmental protection. The Declaration was initiated by Centre for corporate social responsibility (CSR) development under support of UNITER Project and the Embassy of Norway in Ukraine. In total, the Declaration was signed by 18 leading companies and organizations in Ukraine.

Commenting on this news, Mykola Stetsenko, Managing Partner of Avellum Partners, said: “It is a logical step for us, since from the very moment of establishment of Avellum Partners, our team consistently adhered the principles of responsible and ethical business conduct. We strive to obtain new experience in this direction and contribute to further development of responsible partnership in Ukraine.”

Further information may be found at http://www.csr-ukraine.org/vidpovidalne_partnerstvo.html.