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Svyazinvest

March 3, 2005

Georgy Romsky is relieved of his duties as OAO Svyazinvest Deputy General Director

Svyazinvest 

Open Joint Stock Company

Investment Telecommunications Company

(SVYAZINVEST)

Bldg. 2, Plyushchikha 55, Moscow, 119121;

www.svyazinvest.ru

 

INFORMATION DEPARTMENT

Telephone: (095) 727-04-73, facsimile: (095) 727-04-75;

pr@svyazinvest.ru

 

 

March 3, 2005                        Moscow

 

Georgy Romsky is relieved of his duties as OAO Svyazinvest Deputy General Director, to be appointed CEO at OAO South Telecommunications Company (STC). The decision was adopted at STC’s, March 3, Board of Directors.

 

Vadim Belov, Chairman of STC’s BoD, Svyazinvest Deputy General Director has commented on the promotion:

 

‘Georgy Romsky is the best candidacy for this position. An experienced executive and a truly professional, he had gone a long way from an engineer to one of the best industry tops. Moreover, since 2001, Georgy Romsky is a member of STC’s BoD and a head of the Committee on Strategic Development. He knows the situation in the company from within and will be able to straighten things out.” 

_____________________________________________________________________________

 

OAO Svyazinvest comprises 7 mega-regional companies: OAO CenterTelecom, OAO North-West Telecom, OAO VolgaTelecom, OAO South Telecommunications Company, OAO Uralsvyazinform, OAO Sibirtelecom, OAO Far East Telecom, national ILD and DLD telecom provider OAO Rostelecom, 4 telecom operators not involved in the merger and industry design institute Giprosvyaz. Svayzinvest companies are licensed to provide local, long-distance and international telecommunication services, as well as data transmission, Internet access, ISDN, wireless subscriber access and GSM, NMT-450, AMPS and DAMPS-standard mobile communication. The holding employs a workforce of 338,000.

 

For more information, please view http://www.svayzinvest.ru.

 

 

 

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