Corporate Governance

In its business, GEOTECH Holding follows key principles of the Company’s Code of Business Conduct and Ethics.

• The Company’s strategic goal is to provide high quality managerial and related services in the area of seismic exploration, drilling, and other oilfield services.
• The Company focuses on honesty, good faith, and fair business practices in the understanding that commitment to such principles is the key success driver for the Company and its employees.
• The Company seeks mutually beneficial and long-term ties with its counterparties.
• The Company pays attention to environmental protection issues, respects human rights and labor rights, while further promoting the Company’s sustainable development as an independent and socially responsible organization for the purpose of long-term economic success. Health and safety of its employees are a key priority in the Company’s business.
• Unfailing compliance with laws of the Russian Federation and Cyprus, as well as all applicable laws of foreign jurisdictions is a guiding principle of the Company’s business.