Corporate governance

We believe that meeting the highest global corporate governance standards will enable EuroSibEnergo to enhance its performance. The efficient and transparent EuroSibEnergo corporate management system is focused on creation of corporate value and is a basis of responsible approach to business activities.

Company management structure meets the best practices and embraces the following management bodies:

  1. Shareholders meeting – is the highest management body;
  2. Board of Directors – is the body which is elected by the shareholders and is responsible for adoption of strategic decisions;
  3. Management Board and Chief Executive Officer – is a team of professionals which are responsible for implementation of strategic initiatives and day-to-day management.

The priority target of all management bodies of the Company is the long-term increase of shareholder value by maintaining of high quality corporate management. The Company is focused on ongoing increase of corporate management level, including through election of independent directors to the Board of Directors, increase of information transparency and information disclosure level as well as internal documents improvement.