Russia creating advanced amphibious ship for ArcticMilitary & Defense June 29, 9:49
Russia may reduce presence on EU energy markets in next 20 yearsBusiness & Economy June 29, 8:48
Top military brass baffled by UK defense chief’s remarks about Russian warshipRussian Politics & Diplomacy June 29, 8:20
FIFA president lauds Confederations Cup semi-final match as incredibleSport June 29, 7:38
Chile edges Portugal with 3-0 penalty shootout win for 2017 FIFA Confederations Cup finalSport June 29, 1:38
Telegram included in register of Internet information distributorsBusiness & Economy June 28, 20:56
Putin points to growing activities of foreign secret services against RussiaRussian Politics & Diplomacy June 28, 20:36
FIFA chief Infantino to attend Chile-Portugal 2017 Confederations Cup semis match in KazanSport June 28, 20:27
Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
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.