Russian businessman Mikhail Prokhorov's Onexim Group has requested to hold Norilsk Nickel's extraordinary shareholders meeting in order to elect the Russian mining and metallurgical company's Board of Directors and to make changes to the company's Articles of Association. The meeting is needed to review the company's corporate management and the decision-making process, Onexim Group's press office reported today. The primary goal of the changes proposed by Onexim Group is to form a modern corporate management system at Norilsk Nickel that would correspond with the status of a large international public company. Deputy General Director of Onexim Group Mikhail Sosnovsky explained that the company had requested the meeting, as it considered actions by Norilsk Nickel's management to be in favor of one of its shareholders.

Source: RosBusinessConsulting