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Aug, 2012 to Nov, 2012
The IPA is working closely with the Russian Federal State Property Agency (Rosimushchestvo) to facilitate relations with the investor community and improve the efficiency of corporate governance at state-owned companies for an expected round of IPOs of state-owned companies.

As part of the broader initiative to improve corporate governance at state-owned companies, we are developing recommendations on the selection and assessment criteria for independent directors to be elected to state companies’ boards.

We have also consolidated a list of companies where Rosimushchestvo and our members have joint stakes. At these companies, we will work jointly to elect additional independent directors and strive to improve transparency and governance practices. The list of companies includes: 
  • Aeroflot
  • Bank VTB
  • Gazprom
  • Inter RAO
  • UAZ
  • RusHydro
  • Rostelecom
  • MRSK Holding 
  • TGK-5
  • Transsignalstroy
  • MRSK of Volga
  • MRSK of Ural
  • RAO Energy Systems of the East
  • over a dozen smaller companies 
If you would like to join this initiative, please do not hesitate to contact us. 
+7 (495) 510-53-06 Contact us | Join us