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"The board of directors confirmed that En + and Rusal would be re-registered in Kaliningrad," he said.
In + in January 2019, after the lifting of US sanctions against the company, has almost completely updated the board of directors – seven independent directors were appointed in accordance with the requirements of the US Treasury. Three other new directors were appointed at the February 8 meeting. The former En + Board had already approved the group's re-registration project in Russia and had received the support of its shareholders at a special meeting held on December 20th.
At the same time, the shareholders approved an amendment to the Company's Memorandum and Charter and approved the change of the name of the group from the date of its registration in the Unified Register of Legal Entities of the Company. Russian Federation. Thus, the full name of the company, approved by the shareholders, is "International Limited Company of the En + Group", abbreviated MCPA "Group En +".
The ownership structure of the En + group was changed in January. One of the prerequisites for the lifting of US sanctions imposed on the group was the decrease in the company's share by Oleg Deripaska, which was less than 50%. On the night of January 28, when it was learned that En + had been excluded from the sanctions list, the company had indicated that Deripaska's share in the group had dropped to 44.95%. Previously, it was estimated at around 70%.
In + is an integrated producer of aluminum and electricity. It combines power plants with a capacity of 19.7 GW and aluminum plants with a capacity of 3.9 million tonnes per year (via a majority stake in Rusal), the main consumer of the energy produced.
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