Company news

05/07/10   OJSC Mostotrest held annual general shareholder meeting

On 30 June 2010 Open Joint Stock Company Mostotrest («Mostotrest») held their Annual General Shareholder Meeting in Moscow headed by Deputy Chairman of the Board of Directors Maria Zhurba. All items on the agenda were approved:

02/07/10   Mostotrest commences new project to upgrade moscow river bridge at Ilyinskoe
Mostootryad-114, a branch of Open Joint Stock Company Mostotrest (Mostotrest) has today commenced a new project for the comprehensive repair and upgrading of the bridge over the Moscow River on the A106 highway between the Rublevo-Uspenskoe and Ilyinskoe highways near Moscow. The Federal State Enterprise Centrautomagistral is the client for the project, the contract value of which exceeds RUR 665 million (approx US $24 million). The planned completion date of the project is June 2011.
23/06/10   Mostotrest becomes controlling shareholder of LLC INZHTRANSSTROY CORPORATION

Open Joint Stock Company Mostotrest («Mostotrest»), a leading transport infrastructure construction and development company in Russia, announces today that it has acquired an additional 1% of the share capital of LLC Inzhtransstroy Corporation, becoming the controlling shareholder with 51% of the share capital of the company. Mostotrest previously announced its acquisition of 50% of the company’s share capital on 1 June 2010.

01/06/10   Mostotrest completes acquisitions of 50% of LLC INZHTRANSSTROY CORPORATION and 50.1% of LLC TRANSSTROYMEKHANISATSIA
Acquisitions allow Mostotrest to expand significantly its geographic reach and diversification into closely related segments of Russias infrastructure development market.
20/05/10   Mostotrest announces strong financial results for 2009
Open Joint Stock Company Mostotrest, a leading transport infrastructure construction and development company in Russia, today publishes its financial results in accordance with Russian Accounting Standards for the year ending 31 December 2009.

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