OREANDA-NEWS. The Board of Directors of Mostotrest convened for its meeting on July 27, 2015. The meeting was attended by members of the Board elected on July 15 by Extraordinary General Shareholders' Meeting.

In accordance with the Company’s Articles of Association, the new Board of Directors considered the matter of electing a Chairman of the Board at its first meeting. The Board has elected by a majority vote Mr. Vladimir Monastyrev, Deputy CEO for Development of Mostotrest, as its Chairman.

The Board has also elected by a majority vote Mr. Valery Dorgan as its Deputy Chair, and Mr. Gennady Bogatyrev as Corporate Secretary.

Biography

Vladimir Monastyrev was born in 1978 in Novostroika (Zagorskiy region of Moscow region). He has a degree in Economics and Management from Moscow State University of Railway Engineering and PhD in Economics. Vladimir has been working at PJSC Mostotrest since 2000. Prior to appointment as Deputy CEO for Development he served as Head of Economic Planning Department.

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.