ROS AGRО PLC (LSE: AGRO) has announced about the entry their employees to the management bodies of the RAZGULAY Group
29.09.15ROS AGRО PLC (LSE: AGRO) has announced about the entry their employees to the management bodies of the RAZGULAY Group.
On September 24th Sergey Tribunsky currently Director of Investment and Investor Relations of Rusagro Group of Companies has been appointed as General Director of PJSC RAZGULAY Group. The Management Board includes four representatives from Rusagro: Maxim Basov, Konstantin Laschinsky, Elena Pushkarev and Sergey Tribunsky.
Rusagro is interested in acquiring part of the assets of PJSC Razgulay Group or their joint development. As part of the strategic partnership between the two companies, over the next three months a joint development strategy of PJSC RAZGULAY Group will be elaborated which aims to reduce the debt burden of the Holding Company and creation of favorable conditions for further investment. As the first step Rusagro has sent an offer to Vnesheconombank to buy out the debt of Razgulya, which is valid for 3 weeks. Rusagro made a partial repayment of the debt in this proposal.