OREANDA-NEWS. February 16, 2010. The management of the State Corporation "Rosatom" has adopted a policy of public reporting in the region. The document shall be subject to the compulsory implementation by the State Corporation "Rosatom", open joint stock companies whose shares are owned by the state corporations and their subsidiaries and affiliated open joint stock companies.

Policy of public reporting is designed to increase transparency and accountability of state corporations and key organizations to a level that ensures competitiveness in the Russian and world markets; enhances transparency of state corporations, key organizations and joint-stock companies on budget spending and operating efficiency; ensures social and environmental acceptability of corporations, key organizations and joint stock companies through the involvement of stakeholders in dialogue and the provision of reporting materials that increase the fairness of assessments; improves the quality of corporate governance.

“Provision of public information for the joint stock companies is a common practice. — said the head of analytical department of IC “ZERICH Capital Management” Nikolai Podlevskikh. — Nuclear industry until recently was quite close. If to articulate the position of market analysts, it would be important if the company had plans for the stock market entry. Until then, until such plans do not appear, all information will remain on the periphery of market interests. But from the standpoint of the expenditure of public funds and the overall improvement of transparency, it is a useful step”.