Site news 25.06.2014
June 25, 2014, Rybinsk. - Today an annual general shareholders meeting took place at NPO Saturn.
The annual general meeting of the NPO Saturn shareholders approved the annual report of the company for the 2013 fiscal year, the annual accounting statements including the profit and loss reports (profit and loss accounts); the distribution of the profits and losses of the company following the results of 2013 was approved, a resolution was adopted with regard to the disbursement of remunerations and compensations to the members of the company’s audit commission, the board of directors was elected, the auditor for 2014 was approved and the transitions in which the company has an interest were also approved.
By the resolution adopted by the general shareholders meeting the following persons were elected to the company’s board of directors: V. Gavrilov, I. Goncharenko, G. Kirpichev, D. Lelikov, V. Masalov, P. Osin, P. Palamarchuk, D. Pospelov, and I. Fedorov.
The NPO Saturn audit commission included D. Burlachenko, L. Zhurina, and S. Lashkina.
A Moscow-based company BDO was approved as the auditor of NPO Saturn for the year 2014.
The NPO Saturn Research and Production Association (OJSC) is an engine-building company specialized in the design and development, production and after-market support of gas turbine engines for military and civil aviation, naval ships and power-generating plants and gas-pumping units. The association is part of the Russian union of mechanical engineers all-Russian public organization whereby the regional branch is headed by I. N. Fedorov, NPO Saturn CEO.
NPO Saturn is part of United Engine Corporation (OJSC) and acts as the leader of the Civil Engines Division, a business unit of UEC founded on 09.10.2012 as a result of integration of the following companies: NPO Saturn (OJSC), Aviadvigatel (OJSC), PMZ (OJSC), Metallist-PM (CJSC), Energetik-PM (OJSC), REMOS-PM (CJSC), Motoservis-PM (CJSC) and Zheleznodorozhnik-PM (CJSC).
United Engine Corporation (OJSC) is a subsidiary of the OBORONPROM UIC (OJSC). The UEC structure integrates over 85% of Russia’s leading companies specialized in the design and development, serial production and after-market support of gas turbine machinery as well as the key enterprises - the industry’s integral players. One of UEC’s prioritized fields of activity is the implementation of comprehensive programs of development of the companies in the industry by introducing new technologies meeting the world-class standards.
The OBORONPROM United Industrial Corporation (OJSC) is a multi-field machine-building group created in 2002. It is part of Rostec. The main fields of activity are helicopter building (the Russian Helicopters holding), engine building (the UEC holding) and other assets.
The Rostekhnologii State Corporation (Rostec) is a Russian corporation established in 2007 in order to facilitate the development, manufacturing and export of high-technology industrial products of military and civil purposes. Today it comprises over 663 companies, which form 8 military-industrial and 5 civil industry holdings. Rostec’s subsidiaries are located in 60 regions of Russia and supply their products to over 70 countries worldwide. In 2012 revenues of the Corporation amounted to RUB 931 billion, net profits were RUB 38.5 billion and total taxation exceeded RUB 109 billion.