HomeMaterials for 26.10.2009
26 October 200913:16

Alfa-Bank might sue SUAL

‘We might consider laying claims against two of UC RUSAL’s plants, namely, SUAL and RUSAL Krasnoyarsk smelter; these claims would be related to fines for the loans the companies had paid off; however, an out-of-court settlement is also an option,’ says Alfa-Bank’s Deputy Chairman Vladimir Tatarchuk. ‘The thing is, these companies have recently paid off their main loan debt, but they haven’t paid the fines or the fees yet,’ RIA Novosti quotes Tatarchuk as saying. In fact, Alfa-Bank has already applied to Sverdlovsk Region Arbitration Court, demanding that SAUAL be declared bankrupt, but UC
26 October 200913:14

MRSK Urala gets more managers

MRSK Urala Board of Directors resolved to increase the number of the Supervisory Board members from six to ten people. The Board will now comprise Deputy General Director for Corporate Management Evgeniy Popov, Deputy GD and Director of Permenergo (MRSK Urala’s subsidiary) Oleg Zhdanov, Deputy GD and Director of Chelyabenergo (MRSK Urala’s subsidiary) Igor Butakov, and Deputy GD and Director of Sverdlovenergo (MRSK Urala’s subsidiary) Oleg Moshinskiy. The electricity supplier reports the decision was taken due to the executives’ wish to consider the subsidiary directors’ opinion on the issues