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News

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Norilsk Nickel will re-elect the board of directors

OJSC «MMC Norilsk Nickel» early reshape the composition of the Board of Directors — the management team of the joint stock company. Officially, the event will happen next spring: Shareholders' Meeting on the issues of the re-election of management, is scheduled for March 11th. The need for such measures (as, indeed, and a decision on the date of the meeting) was adopted active members of the Board of Directors at the last meeting of the outgoing year, held at the beginning of the current week.

In addition to questions on how to change the members of the Board of Directors, the management of «Norilsk Nickel» at its December meeting, once again discussed the aspect of reduction of share capital of MMC. According to previously published information, the management of «Norilsk Nickel» examine the desirability of reducing the company's capitalization to the level of 172.16 million rubles by the purchase of assets of the liquidated subsidiary — Norilsk Nickel Investments. The meeting recommended to the shareholders to vote for the redemption of the shares mentioned above. The very same event, where a final decision on the capital reduction will take place on 29 January of the coming year.

MMC «Norilsk Nickel» — one of the major global players in the market of non-ferrous and precious metals. In terms of the main issue of the product — nickel — the company covers 1/5 of world-class production and provides about 95% of all the metal supply to the extent of the internal Russian market.

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