February 13, 2014 12:00
Bashneft head, Goldovsky leave expanded UPC board
MOSCOW. Feb 13 (Interfax) - The shareholders of United Petrochemical Company (UPC), a division of Russian conglomerate Sistema JSFC (MOEX: AFKS), voted at an extraordinary general meeting on February 10 to expand the company's board to nine directors from seven, UPC told Interfax.
Shareholders also elected a new board of directors that includes Felix Yevtushenkov, senior vice president of Sistema and chairman of oil company Bashneft (MOEX: BANE); UPC president Kirill Tyurdenev; Sistema executive vice president and Bashneft board director Mikhail Cherny; Bashneft senior vice president for refining and commerce Maxim Andriasov; former Moscow Mayor Yury Luzhkov; Salambek Khadzhiyev, director of the Topchiyev Petrochemical Synthesis Institute of the Russian Academy of Sciences; Vladislav Bazhenov, advisor to Bashneft's president; Farkhad Samedov, director of Bashneft's petrochemical department; and Vladimir Uvakin, executive vice president for corporate relations and corporate property at Sistema.
Bashneft president Alexander Korsik and business Yakov Goldovsky, who was previously chairman of UPC, have left the company's board. It was reported earlier that UPC is distancing itself from the image related to Goldovsky's company.
UPC was founded in 2011 as a joint venture between Bashneft and Goldovsky's Petrochemical Holding. However, Goldovsky later withdrew from the venture and Bashneft, after consolidating UPC, sold the petrochemical company to Sistema. Sistema plans to develop the petrochemical division as a separate business.
UPC owns four plants in Bashkortostan: OJSC Ufaorgsintez (MOEX: UFOS), gas processing plants LLC Tuimazinskoye GPP and LLC Shkapovskoye GPP, as well as LLC Bisfenol. The UPC group had total revenues of 17.9 billion rubles in 2012.
(Our editorial staff can be reached at firstname.lastname@example.org)
August 31, 2015
D&B starts providing corporate 'business cards' to CIS companies for working with international counterparties
Moscow interbank actual rate
Poroshenko to address nation over events in parliament, riots in Kyiv - spokesman
Putin, Abe not to meet in Beijing because Japanese PM will not come to China - Ushakov
Ukrainian interior minister: some thirty people detained near Rada, some ninety law enforcement officers wounded
Putin to meet with presidents of Venezuela, Czech Republic, Laos in Beijing
Time, venue of new meeting between foreign ministers in "Normandy format" are pending approval - Russian Foreign Ministry
POROSHENKO TO MAKE TV ADDRESS TO NATION OVER EVENTS IN RADA, RIOTS IN KYIV - UKRAINIAN PRESIDENTIAL PRESS SECRETARY
Foreign ministers of "Normandy four" countries may meet before mid-September - Ushakov
Gazprom and CNPC plan to sign memorandum for deliveries of gas from Far East to China along pipeline (Part 2)
Russia has not received U.S. requests for Putin-Obama meeting, has not sent such requests itself - Ushakov
Medvedev announces signing of plan for Eastern route
Putin's speech in UN General Assembly will address main intl issues - Ushakov