12.12.2023

Alliance Altyn ranked second among 500 largest companies in 2022 in terms of tax payments. Tazabek magazine published this rating of TOP 500 Kyrgyz Taxpayers in its new edition.

The rating is compiled based on the data of the State Tax Service of the Kyrgyz Republic.

According to 2021 ranking of tax payments, Alliance Altyn ranked sixth. This is due to the fact that the company had opened the gold extraction plant in the spring that year.

The company got a license to develop the Jeruy gold deposit in 2015. Since then, it has paid KGS 14.5 billion of taxes to the Kyrgyz budget (including KGS 5.3 billion in January-November 2023). This amount includes: KGS 10.5 billion of taxes on proceeds from the sale of gold.

Since the launch of the Jeruy gold extraction plant, the company has produced 11,261.593 kg of gold.

This includes 3,007.852 kg in 2021; 4,163.553 kg in 2022; 4,090.188 kg from January 1 through December 10, 2023.

The plant’s total gold recovery from the ore was 90.97 % in 2023.

Alliance Altyn currently has 866 employees: 843 Kyrgyz citizens, including 742 from Talas region, and 23 foreign nationals. Alliance Altyn has trained 367 people; 224 of them were employed on the basis of the selection process.