04.04.2007, 23:36
National Corporate Governance Score of OJSC North-West Telecom to Be Confirmed at the A Level
OREANDA-NEWS. On 28th March 2007 the Expert RA rating agency confirmed, in the framework of the National Corporate Governance Rating, the earlier assigned corporate governance score of OJSC North-West Telecom at the A level.
According to the National Corporate Governance Rating procedures, the score at the A level means that the corporate governance practices level of the Company is evaluated as sufficiently high.
According to the analysts of the consortium, North-West Telecom adheres to the world standards of corporate governance practices: shareholders' meetings are held observing all the procedures established by the laws, the Articles of Association and bylaws of OJSC N.W.Telecom, independent directors taking an active part in the Company management.
According to the National Corporate Governance Rating procedures, the score at the A level means that the corporate governance practices level of the Company is evaluated as sufficiently high.
According to the analysts of the consortium, North-West Telecom adheres to the world standards of corporate governance practices: shareholders' meetings are held observing all the procedures established by the laws, the Articles of Association and bylaws of OJSC N.W.Telecom, independent directors taking an active part in the Company management.
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