OREANDA-NEWS. July 16, 2015. PJSC Mostotrest (hereinafter, Mostotrest, the Company or the Group) held its Extraordinary General Shareholders' Meeting.

The meeting approved the early termination of the powers of the Board of Directors and the Audit Commission of the Company and elected the new Board of Directors and the Audit Commission.

On Election of the Board of Directors

The General Shareholders’ Meeting has elected the following Mostotrest Board of 11 directors: Gennady Bogatyrev, Leonid Dobrovsky, Valery Dorgan, Andrey Konnykh, Vladimir Kotylevsky, Vladimir Monastyrev, Vyacheslav Prikhodko, Boris Sakun Alexander Shevchyuk, Vladimir Vlasov, Alexander Arthur John Williams.

On Election of the Company’s Audit Commission

The General Shareholders' Meeting has elected the Company's Audit Commission as follows: Tatiana Belyaevskova, Angelina Korotkova, Julia Kryuchkova, Ludmila Parshakova.

For Reference

Mostotrest is a major, diversified infrastructure construction company, with established presence in all core and related market segments, and a participant in Russia’s first public-private partnership projects. According to EMBS Group, an independent industry consultancy, in 2014 Mostotrest held a 13.4% share of the total Russian transport infrastructure construction market.

Mostotrest’s core competences include construction and reconstruction of bridges, roads and other transport infrastructure facilities; provision of road maintenance, repair and operating services. In 2012, Mostotrest also entered a new segment: management of road concessions.

The company was established in 1930 as a developer of complex and oversized bridges.

Mostotrest is currently participating in implementation of a number of complex transport infrastructure development projects, such as construction of the Section 4 (km 208 – km 258) and Section 6 (km 334 – km 543) of the M-11 “Moscow – St Petersburg” Toll Highway, construction and reconstruction of the M-4 “Don”, M-9 “Baltic” and M-11 “Narva” highways, construction of Businovskaya Interchange in Moscow, Bor Bridge in Nizhny Novgorod and Voroshilovsky Bridge in Rostov-on-Don.