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News // Oil and gas worldwide

Struggle To Control The Plant

22 March 2001 , 08:15414
The out-of-turn meeting of the Volgograd Plant of Drilling Equipment took place in Moscow. The Moscow group MINFIN, which owns more than 40% of shares, was the initiator of this meeting. The meeting was carried out without the participation of the representatives of the main shareholder ? the structures of the local NOKSSBANK. So, the struggle for controlling the perspective production, which had begun in this winter, found its continuation. This time MINFIN ?appointed? a new general director of the plant ? a Serguei Tsarev. The leaders of the NOKSSBANK do not comment on the event.

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