Kirill Komarov elected into Board of Directors of Power Machines

04.07.2008 // RBC

Deputy Director of Atomenergoprom OJSC Kirill Komarov has been elected into Board of Directors of Power Machines

Power Machines OJSC will not pay dividends for 2007. The press service of PM reports that such a decision was made during the June 27 annual meeting of the company’s shareholders.

The shareholders elected a new Board: Director General of Severstal OJSC Aleskey Mordashov, Deputy Director General of Severstal OJSC Aleksey Yegorov, Deputy Director General for Legal Issues of Severstal OJSC Dmitry Sanin, CEO of Siemens AG Energy Sector Mikhael Süß, Vice President of Siemens in Russia Hans-Juergen Wio, Deputy Director General of Atomenergoprom OJSC Kirill Komarov, Director General of Power Machines Igor Kostin and Director of Universal Invest LLC Igor Voskresensky.
 
Power Machines Company is the leading Russian manufacturer and supplier of complex decisions in the field of power engineering including production, supply, erection, maintenance and modernization of equipment for thermal, nuclear, hydraulic and gas-turbine power plants. Power Machines Company was established in 2000 and united technological, productional and intellectual resources of the world famous Russian enterprises: Leningradsky Metallichesky Zavod (1857), Electrosila (1898), Turbine Blades’ Plant (1964), Kaluga Turbine Works (1964), NPO CKTI (1927), Energomachexport (1966) and Power Machines – Reostat Plant (1960). The equipment produced by Power Machines’ enterprises is installed in 87 countries of the world. The company’s shares are operated in RST (Russian Trading System).

Aleksey Mordashov’s Highstat Limited owns almost 55% of Power Machines, Siemens – 25% + 1 share.