OREANDA-NEWS. October 2, 2007. The Board of Directors held its regular session September 28. CEO Igor Konovalov presented his monthly report on 2007 plan performance and announced interim results of a project, under which the Company bought the Servisnye Metallotsentry Group (Metal Service Centers) in October 2005.

The Board approved the 4Q07 schedule of meetings for the Board of Directors and Committees. It also approved new provisions to regulations on the Inprom subsidiaries in the cities of Lipetsk and Kazan, alongside relative amendments to the Articles of Association.

The Board approved an investment agreement on the construction of a roofed warehouses complex in the city of Vladimir, and conditions for Inprom's leasing of the property complex of its subsidiary Vladimirmetalloptorg.