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[31.05.2010]
ANNUAL GENERAL SHAREHOLDERS’ MEETING OF JSC TOGLITTIAZOT TOOK PLACE
On Saturday, 29th May, the annual general shareholders’ meeting of JSC Togliattiazot took place. The meeting was in full compliance with the current legislation. The Board of Directors of JSC Togliattiazot was formed and the annual company’s report was approved.
[21.04.2010]
THE INVESTIGATING COMMITTEE ATTACHED TO THE MINISTRY OF INTERNAL AFFAIRES OF THE RUSSIAN FEDERATION HAS DISCHARGED A PROSECUTION TO VLADIMIR MAKHLAY, THE CHAIRMAN OF THE MANAGEMENT BOARD OF JSC “TOGLIATTIAZOT”, AND TO ALEXANDER MAKAROV, THE GENERAL MANAGER OF JSC “TOGLIATTIAZOT”
As of April 1 2010 the Investigating Committee attached to the Ministry of Internal Affaires of the Russian Federation has discharged the criminal case 290823 against the management of JSC "Togliattiazot" by virtue of sec.2 p.1 art.24 of the Code of Criminal Procedure of the Russian Federation, i.e. for the lack of elements of crime in effect by Vladimir Makhlay and Alexander Makarov. Thus the lasting criminal prosecution to Vladimir Makhlay, the Chairman of the management board of JSC "Togliattiazot", and to Alexander Makarov, the General Manager of JSC "Togliattiazot", was entirely discharged.
[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.
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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. Shareholders have also affirmed an annual report of corporation for 2008. The financial indexes of company operation were not reported by press-centre but it was mentioned that the company has succeeded in increasing them as per results of the last year. Moreover, the company emphasized that it has managed to preserve all the jobs.

JSC “Togliattiazot” (Samara region) is the first-rate ammonia producer in the world. Its share in the world market of “commercial grade” ammonia is valued at about 8-10%. In December 2008 the Government of Russian Federation included ToAZ (as well as “Transammiak”) in the list of “crucial” enterprises among 17 chemical companies of Russia.

Source: RBC
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