OREANDA-NEWS. March 19, 2008. An extraordinary general meeting of Vyksa Steel Works  approved Financial and Accounting Consultants (FAC, Moscow) as the company’s auditor for 2007 and called off the resolution of the annual general meeting of June 26, 2007, on approval of NND Audit (Nizhni Novgorod) as an auditor for 2007.

The shareholders also approved the revised versions of VSW’s Articles of Association and in-house documents: Regulations on the General Meeting, Board of Directors and Audit Committee. Revision of these documents was necessitated by a change in delimitation of authority between managerial bodies of OMK (management company for VSW).

The general meeting also approved the deals of interest to the company: agreements between   Metallinvestbank, Moscow, and VSW on deposit placement and granting a bank guaranty.