Basic Element Announces New Appointment
OREANDA-NEWS. July 30, 2012. Basic Element, one of
Oleg Deripaska, who previously held the position of CEO from March 2009, will become Chairman of Basic Element's Supervisory Board.
Basic Element has successfully overcome the challenges faced during the global economic downturn while also resolving its debt issues. It is now ready to move to a new stage of development and to implement a revised long-term strategy which reflects current international and Russian market conditions. The company's key objective is to increase the competitiveness and efficiency of its businesses by further strengthening the executive team and implementing best practices in management and operational processes and social investment initiatives. Basic Element will also continue to identify new projects and opportunities for its business development.
Basic Element (http://www.basel.ru/) is one of
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