OREANDA-NEWS. March 31, 2008. General Meetings of Shareholders of United Minerals Group (UMG) operating companies (AOZT Vesko, OAO Druzhkovka Ore Mining Group, ZAO Ogneupornerud) approved changes in the management bodies of the companies, reported the press-centre of SCM.

In particular, shareholders of AOZT Vesko made a decision to elect Mr Vladimir Chernyakov the General Director of the company. Since May 2007 Mr. Chernyakov had been the acting General Director of AOZT Vesko. 

Shareholders of ZAO Ogneupornerud made a decision to elect Roman Meshkun, former Chief Engineer of AOZT Ogneupornerud, the General Director of the company.

Shareholders of OAO Druzhkovka Ore Mining Group and AOZT Vesko made a decision to withdraw all members of the Audit Commissions and elect AOZT Vesko and OAO Druzhkovka Ore Mining Group, respectively, the members of the Audit Commissions.

General Meetings of Shareholders considered and approved Reports on the companies' performance in 2007 and reports and opinions of the Audit Commissions on the companies' financial reports 2007.

Further, the General Meetings of Shareholders of the companies made a decision to retain profits of AOZT Vesko and OAO Druzhkovka Ore Mining Group gained in 2007.

Shareholders of ZAO Ogneupornerud also approved distribution of 2007 profit.  According to the decision, UAH7.6m will be paid in dividends, and UAH1m will be retained.