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Articles & publicationsThe government of the Russian Federation has approved the list of state appointees for the board of directors of Svyazinvest. The respective resolution was dated January 29 The director general of Svayzinvest Evgeny Yurchenko is one of the largest minority shareholders of the state holding’s subsidiaries – CenterTelecom, and his stake in the company’s common shares is equal to 7.4% KIT Finance investment bank has completed a transaction involving the sale of a 30% stake in Rostelecom’s common shares to state-owned corporation Deposit Insurance Agency and a 9.8% stake to state corporation Bank of Development and Foreign Economic Affairs (Vnesheconombank, VEB)
03.03.2010
The process for assigning Deposit Insurance Agency’s stake in Rostelecom to Vnesheconombank is in the final stage, VEB’s press service told news agency Interfax-AFI
Process for assigning Rostelecom stake from DIA to VEB for management is nearing completion – bank Southern Telecommunications Company intends to allocate over RUR 1.4 bln in 2010 to line maintenance and upgrading telecom infrastructure, the head of the investor relations department Vsyacheslav Plekhanov told Interfax Ahead of the reorganization Svyaznivest intends to increase the number of its representatives on the boards of directors of its cellular subsidiaries up to 75%. Meanwhile, the lineup of these boards for the first time includes representatives of minority shareholders as of the end of last year. Svyazinvest has promised that the practice of introducing independent directors will continue
24.02.2010
The Board of Directors of Svyazinvest, which was held on February 19, voted unanimously that the holding’s representatives vote for the reorganization of the holding’s subsidiaries in the form of a merger by folding RTOs and Dagsvyazinform into Rostelecom
Svayzinvest votes for reorganization The Board of Directors of Svyazinvest on Friday adopted a resolution to appoint the telecommunications minister Igor Schegolev and the director general Evgeny Yurchenko as members of the holding’s board of directors, Interfax was told by head of the Information Department of Svyazinvest, Igor Pshenichnikov The board of directors of Svyazinvest has unanimously adopted a decision to advise the representatives of Svyazinvest to vote in favor of the reorganization of the holding in the form of a merger of regional telecom companies and Rostelecom, Interfax was told by head of the Information Department of Svyazinvest, Igor Pshenichnikov
17.02.2010
The Federal Antimonopoly Service (FAS) has approved Svyazinvest’s application to acquire 50% of the voting shares of Sky Link, according to a statement issued by FAS. Earlier, FAS approved an application filed by MS-Direkt on the acquisition of 50% of the voting shares of its parent company Sky Link
FAS approves sale of Sky Link |