print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Veon Ltd. press releases

Veon Ltd.

June 10, 2010

VimpelCom Ltd. announces changes to corporate structure and business unit management team

Amsterdam and New York (June 10, 2010) - VimpelCom Ltd. (or the “Company”) (NYSE: VIP) today announced that its Board approved changes to the reporting structure of the Company. The reporting structure will be divided into four business units--Russia, Ukraine, CIS and International--that will report to the Company’s headquarters in Amsterdam.

In connection with the restructuring, Elena Shmatova has been appointed the General Director of OJSC “VimpelCom” and will lead the Russia business unit. The Ukraine business unit will continue to be led by Igor Lytovchenko, President of Kyivstar. The CIS business unit will continue to be led by Dmitry Kromsky.

As a result of the restructuring, Boris Nemsic, the CEO of OJSC “VimpelCom” and Alexander Torbakhov, the General Director of OJSC “VimpelCom” have each decided to leave the Company effective immediately.

Alexander Izosimov, Group CEO of VimpelCom, Ltd. said, "We thank Boris and Alexander for their contributions in shepherding the company through very tough macro economic circumstances and wish them the best in their new endeavors."

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer