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This Blog was designed to provide investment community with detailed information on our activity as Independent Non-Excecutive Directors of MMC Norilsk Nickel. To serve an important role in obtaining of feedback from the market which after our analysis will be used as an additional input in our work.
2010-10-21 19:20:44 

Feedback from shareholder meetings

During the last few weeks I visited a large number of the non-aligned shareholders in Europe and North America.

 

One of the common questions from shareholders was a request for a clear expression of the Company's long and medium term strategy.

 

Over the last couple of days I have discussed this issue with the senior management.  They have assured me that a detailed long term startegic plan will be brought to the Board imminently for consideration.  Furthermore the General Director assured me that a deatiled Five Year Plan will be brought to the Board for review and approval shortly thereafter.

 

This is an important element to assist the management in achieving its goal to maximise long term shareholder value as well as to assist shareholders identify the true value of this fantastic company.

Tags: Norilsk Nickel

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