Press review: US 'gears up for war' in Europe and experts doubt stability of Syrian peacePress Review February 28, 13:00
Envoy says Sakhalin may be linked to Russia’s mainland via tunnel and later to JapanBusiness & Economy February 28, 12:55
Russia’s energy minister hopes gas dispute between Russia, Belarus will be settled soonBusiness & Economy February 28, 12:16
Foreign Ministry says Russia open to discussion on strategic issues with USRussian Politics & Diplomacy February 28, 12:06
Diplomat says Russia not holding any talks with US on criteria to lift sanctionsRussian Politics & Diplomacy February 28, 11:55
Russian diplomat says messages Trump sends in address to Congress important for MoscowRussian Politics & Diplomacy February 28, 11:48
Construction cost of Moscow - Kazan high speed railway currently estimated at $22.4 blnBusiness & Economy February 28, 11:38
Russian ice hockey legend Vladimir Petrov passes away at 69Sport February 28, 11:34
Russian rocket-system maker produces drone enclosed in missileMilitary & Defense February 28, 11:09
MOSCOW, October 31 (Itar-Tass) —— Gennady Timchenko has no plans to run SIBUR Holding, his representative told Itar-Tass on Monday, October 31.
According to Timchenko, “SIBUR has a professional team of managers and has a good board of directors, who can implement the corporate development strategy.”
“This fully agrees with me as an investor. So my participation would be unnecessary. But we intend to take an active part in the development of the company in accordance with the existing strategy,” Timchenko said.
Cypriot Dellawood Holdings Limited closed the deal with Gazprom on October 28 for the acquisition of 49.98 percent of SIBUR Holding shares. Dellawood and its subsidiary Miracle hold 100 percent of SIBUR Holding shares.
According to the company, Leonid Mikhelson owns 57.7 percent of SIBUR shares, Timochenko 37.5 percent, SIBUR managers Dmitry Konov, Mikhail Karisalov, Mikhail Mikhailov, and Alexander Dyukov 5 percent of Dellawood’s authorised capital.