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[18.09.2009]
NO CLAIMS IN RELATION TO PRIVATIZATION OF 6.1% OF THE JSC “TOGLIATTIAZOT” SHARES
Arbitration Court of Saratov region made the decision to deny the action of Federal Agency of State Property Manafement of Russian Federation for invalidation of the sale – purchase transaction of 6.1% of the JSC “Togliattiazot” shares.
[23.03.2009]
V. MAKHLAY HAS BEEN NEWLY RE-ELECTED AS CHIEF OF “TOGLIATTIAZOT” BOARD OF DIRECTORS
According to information of company press-centre, Vladimir Makhlay, President of the company, has been newly re-elected as Chairman of “Togliattiazot” (ToAZ) Board of Directors. Such decision has been taken at the first meeting of new staff of “Togliattiazot” Board of Directors which was appointed at annual meeting of company shareholders held on 21.03.2009.
[29.12.2008]
JSC TOGLIATTIAZOT AND JSC TRANSAMMIAK INCLUDED IN LIST OF KEY RUSSIAN COMPANIES
The Russian government has published a list of 295 companies vital to the backbone of the Russian economy that may be entitled to different forms of government support during the period of global economic crisis.
29.12.2008
JSC TOGLIATTIAZOT AND JSC TRANSAMMIAK INCLUDED IN LIST OF KEY RUSSIAN COMPANIES

The Russian government has published a list of 295 companies vital to the backbone of the Russian economy that may be entitled to different forms of government support during the period of global economic crisis. 

A government report stated:

«The main aim is to work with these companies in maintaining their stability, not only through credit, but by other means such as state guarantees, subsidizing of interest rates, restructuring of tax liabilities, government contractual work and customs tariff policy”.

JSC Togliattiazot and JSC Transammiak are included in the government list of companies key to the backbone of the Russian economy. JSC Togliattiazot is the country’s largest ammonia producer and its stability is vital to the city of Togliatti. JSC Transammiak operates the Russian segment of the unique ammonia pipeline between Togliatti and Odessa.

According to Sergey Korushev, Togliattiazot Director of Staff, Labor and Social Issues Director, the company welcomes the government’s decision as it emphasizes the important role of the plant in the national economy and provides hope for solid government assistance during the difficult conditions caused by the global economic crisis.

Source: Press Service of the JSC Togliattiazot
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