On preparations for the annual general meetings of shareholders in 2020

16 October 2019, Wednesday

One of the directions in the management organization of joint-stock companies whose shares are owned by the Republic of Tatarstan and (or) with respect to which a special right has been adopted (golden share) is the nomination (appointment) of government representatives to the management and control bodies of such companies in order to represent and protect property interests of the Republic of Tatarstan.

The Ministry of Land and Property of the Republic of Tatarstan as an authorized body exercising the powers of a shareholder in joint-stock companies whose shares are owned by the Republic of Tatarstan, at the end of each year, carries out preparatory work for the annual general meetings of shareholders, namely, determines the candidacies of government representatives for the management and control bodies of joint-stock companies for the next corporate year.

In accordance with the Regulation on the representatives of the state in the management and control bodies of business entities whose shares (shares) are owned by the Republic of Tatarstan, as well as in respect of which a decision has been made to use special law (“golden share”), the Ministry of Land Property of the Republic of Tatarstan is currently are being collected proposals on candidacies of state representatives from the Office of the President of the Republic of Tatarstan, the Office of the Cabinet of Ministers of the Republic of Tatarstan, ministries and departments of the Republic Tatarstan faces for subsequent approval by the Interdepartmental Commission for Work with State Representatives in the Management and Control Bodies of Business Companies and Partnerships, acting in accordance with the Resolution of the Cabinet of Ministers of the Republic of Tatarstan dated December 15, 2001 No. 895.

The next meeting of this commission will be held in November 2019.

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