Togliattiazot left shareholders without dividends

The shareholders of Togliattiazot (Samara region) held an annual general meeting where they elected a new Board of Directors, which now includes Christopher Baker, Alexander Makarov, Dmitry Mezheedov, Nikolay Neplyuev and Petr Ordzhonikidze. Petr Ordzhonikidze was also appointed as the Chairman of the Board of Directors.

During the annual general meeting, the shareholders decided to pay remuneration to members of the Board of Directors of 5% of the net profit for the previous year. However, they decided not to pay dividends for 2020 at all.