OREANDA-NEWS. Took place CENTRAVIS Holding Board meeting, where strategic guidelines of the Company's development until 2020 have been discussed. According to CEO of Centravis Production Ukraine PJSC, Yuriy Atanasov "The discussion was constructive and such factors as the Company's market potential, perspectives of particular markets and products development as well as conditions and resources required for achievement of long-term goals".

The Company's operation during 9 months of 2014 was highly appreciated by the BOD and there is a confidence that operating results of 2014 will exceed over the budget figures.

Except operational and financial issues the Board Members discussed potential risks of Donbas extended armed standoff and opportunities provided by Europe for Ukraine in detail. In addition the Board Members considered the Capex Program proposed by the Company's Management for the nearest 6 years that significantly exceeds the investment budget approved at the beginning of 2013. In the issue it was recommended to clarify some program parameters for its final approval at the next Board Meeting in December. In opposite, the Board set a key target for Centravis team to improve internal processes efficiency and, as a result, labor efficiency.