Recent news
30.11.2011
Svyazinvest holds Board of Directors meetingPress release
Svyazinvest (hereinafter, the Company) hereby announces the results of its Board of Directors meeting, which was held by absentee voting on November 24.
In accordance with an instruction issued by the President of the Russian Federation and the government of the Russian Federation, the Board of Directors examined the issue concerning the method to be used for calculation of cost-cutting in the purchase of goods and services in terms of unit per goods as not less than 10% per year over the next three years in real terms.
The main purpose of the method submitted to the Board of Directors by the Company’s executive bodies, is to establish a procedure for calculating the rate of decrease in expenses for the acquisition of goods and services per unit of goods as one of the main efficiency indexes for the activity of Svyazinvest. The Board of Directors approved this methodology.
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