What is Gazprom’s top managers’ understanding of intra-corporate reforming plan then?
-Our actions are aiming to promote Gazprom’s effective development as a vertically integrated company. The governance system reform being in progress is expected to result in full financial transparency of our various businesses but all the gas production, transmission and trading affiliates will still be Gazprom’s wholly-owned subsidiaries. This move will guarantee solidification of a vertically integrated structure, enhance the Gazprom Group’s transparency and sustainability and allow us to make a more effective use of cost management system. -A month ago Alexey Miller announced the initiation of the 2nd stage of Gazprom’s restructuring. For how long has the 1st stage been going on and have there been so far any changes within the company? -Gazprom has so far been for several (roughly 3) years conducting intra-corporate reforms aiming to enhance the parent company’s business efficiency. Major challenges of the 1st stage have already been met: the governance structure has been improve
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- What is Gazprom’s top managers’ understanding of intra-corporate reforming plan then?
