OREANDA-NEWS. December 27, 2011. The President of OAO NK “RussNeft” Mikhail Gutseriev was honored with reward "Queen Victoria Commemorative Medal", awarded by the authoritative international organization "Europe Business Assembly" (E.B.A.).

NK “RussNeft”, headed by the Russian entrepreneur, was also marked with prestigious award "European Quality" for high production performance and fast-moving dynamics of development.

"Europe Business Assembly", non-governmental public organization, promotes the development of integration processes in Europe and the CIS, the transformation of the contemporary experience of business practice. Among the E.B.A. laureates – are leaders of States, prominent statesmen and public figures, business leaders, scientists. The awards symbolize broad international recognition of their achievements in professional activities.

Expert Council of the “Europe Business Assembly” determines the laureates on the basis of statistical and consulting information and rating agencies with the support of public authorities, institutions and enterprises, public organizations.

  During the solemn awarding ceremony which traditionally gets together representatives of political, economic and scientific establishment of Europe, CIS countries, significant contribution of Mikhail Gutseriev to international entrepreneurship, creation of effective large industrial and financial structures was marked.

In addition, the expert council of the “Europe Business Assembly” marked the Russian businessman’s merit in maintaining and strengthening the position of OAO NK “RussNeft” at oil and gas market, achieving business potential of the holding.