Svyazinvest
Encyclopedia
OJSC Svyazinvest is Russia's largest telecommunications holding company founded according to the decree No 1297 of Russia's government on November 25, 1994, as a 100% state-owned company and registered on September 18, 1995.
In the late 90s some of its shares were privatized.
In accordance with Resolution №618 issued by the Russian government on May 23, 1997, the Russian Federal Property Fund and the State Committee of the Russian Federation for State Property Management put up for sale an interest equaling 25% + 1 share in Svyazinvest at a cash auction without any investment terms.
In November 1999 Svyazinvest's Board of Directors
made amendments to the company's charter
, according to which the company turned into a management company. As part of the measures to assign the status of a management company to Svyazinvest work got under way to improve procedures for manage associates, specifically, by consolidating companies located in one region.
as well as holding a majority stake in the following:
The strategies of the subsidiaries of OJSC “Sviazinvest” focused on providing additional services to the population through the available access infrastructure. It is evident that in comparison to the alternative communication operators established after 1991, the subsidiaries of OJSC “Sviazinvest” cover the largest number of households in Russia.
The company has minority interests in the Moscow City Telephone Network
and OJSC Kostroma GTS as well as holding small amounts of shares of several other companies.
(April 1999 - October 1999), Valery Yashin (October 21, 1999 - ???), Alexander Kiselyov (as of June 29, 2006)
Chairman of the Board of directors: Nikolay Pozhitkov (until April 1999), Boris Ponomarenko (April 1999 - July 1999), Russia's Minister of Science and Technology Vladimir Bulgak (July 15, 1999 - June 2000), Russia's Minister of Communication and Informatization Leonid Reiman
(since June 26, 2000)
As of June 29, 2006, its Board of Directors consists of Leonid Reiman
(Chairman, Minister for Information Technologies and Communications of the Russian Federation), Boris Antonyuk (Deputy Minister for Information Technologies and Communications of the Russian Federation), Kirill Androsov (Deputy Minister for Economic Development and Trade of the Russian Federation), Vadim Stepanov (Secretary of State, Deputy Director of the Russian Federal Protection Service), Lyudmila Pridanova (Deputy head of Rosimushchestvo
), Karen Markaryan (Assistant deputy head of the RF Government Executive Office), Vasiliy Popick (Assistant of the RF President's Expert department), Anatoly Akimenko (Representative of Mustcom Ltd.), Sergei Karpukhovich (Representative of Mustcom Ltd.).
Management Board (as of June 29, 2006): Alexander Kiselyov (Chairman, Director General), Stanislav Panchenko (Deputy Director General), Konstantin Belyaev (Deputy Director General), Evgeny Chechelnitsky (Deputy Director General), Vladimir Zhelonkin (Deputy Director General)
In the late 90s some of its shares were privatized.
History
The company was created in accordance with Presidential Decree №1989 "On Specific Features of State Management of the Public Switched Network in the Russian Federation" dated October 10, 1994 and Government Resolution №1297 dated November 25, 1994 and Government Resolution №742 dated July 24, 1995. Svyazinvest's charter capital was formed by consolidating state-owned stakes in 85 joint stock telecommunications companies. Svyazinvest passed official state registration on September 18, 1995.In accordance with Resolution №618 issued by the Russian government on May 23, 1997, the Russian Federal Property Fund and the State Committee of the Russian Federation for State Property Management put up for sale an interest equaling 25% + 1 share in Svyazinvest at a cash auction without any investment terms.
In November 1999 Svyazinvest's Board of Directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
made amendments to the company's charter
Charter
A charter is the grant of authority or rights, stating that the granter formally recognizes the prerogative of the recipient to exercise the rights specified...
, according to which the company turned into a management company. As part of the measures to assign the status of a management company to Svyazinvest work got under way to improve procedures for manage associates, specifically, by consolidating companies located in one region.
Subsidiaries
Svyazinvest holds a majority stake in the following 7 big interregional service providers:- OJSC CenterTelecomCenterTelecomCenterTelecom is a fixed-wire telecommunications service provider and Internet service provider in Russia. It is currently ranked 5th among telecom companies in Russia, after Rostelecom, MTS, Vympelcom and MegaFon...
- OJSC North-West Telecom
- OJSC VolgaTelecomVolgaTelecomVolgaTelecom is one of the Russian telecommuncations companies that was formed after the Svyaz'invest Company in Moscow decided to reorganise 72 different regional service providers into 7 large interregional companies....
- OJSC Southern Telecom Company
- OJSC Uralsvyazinform
- OJSC Siberia TelecomSibirtelecomSibirtelecom , a subsidiary of Svyazinvest Holding Company, is a regional telecommunications and Internet service provider in Siberia. It is responsible for providing service to over 29% of Russia's territory.-History:...
- OJSC DalsvyazDalsvyazOJSC Dalsvyaz is a telecommunications service provider active in the Russian Far East. It is part of Svyazinvest Holdings, which is Russia's largest telecommunications holding company, and which owns many large regional telecommunications service providers in Russia.-Operations:The company is...
Far East region
as well as holding a majority stake in the following:
- OJSC Central Telegraph
- OJSC Dagsvyazinform
- OJSC RostelecomRostelecomRostelecom network, which as of August 2006, covered Rostov-on-Don, Krasnodar, Volgograd, Stavropol, and planned to cover the whole of Russia by the end of 2006.-Satellite network:...
Russian long distance - OJSC Giprosvyaz
The strategies of the subsidiaries of OJSC “Sviazinvest” focused on providing additional services to the population through the available access infrastructure. It is evident that in comparison to the alternative communication operators established after 1991, the subsidiaries of OJSC “Sviazinvest” cover the largest number of households in Russia.
The company has minority interests in the Moscow City Telephone Network
Moscow City Telephone Network
The Moscow City Telephone Network is a publicly held utility providing local telephone service to over 4,000,000 subscribers in the city of Moscow, Russia. Its roman alphabet acronym is MGTS.-History:...
and OJSC Kostroma GTS as well as holding small amounts of shares of several other companies.
Management
Director General: Alexander Lipatov (August 1995 - March 1996), Nail Ismailov (March 1996 - April 1999), Oleg BelovOleg Belov
-Career:He was drafted by the Pittsburgh Penguins in the 4th round in the 1995 NHL Entry Draft. Prior to being drafted by the Penguins, Belov was a member of the Russian Penguins, a touring Russian team that competed in exhibition games against other International Hockey League teams.Belov has...
(April 1999 - October 1999), Valery Yashin (October 21, 1999 - ???), Alexander Kiselyov (as of June 29, 2006)
Chairman of the Board of directors: Nikolay Pozhitkov (until April 1999), Boris Ponomarenko (April 1999 - July 1999), Russia's Minister of Science and Technology Vladimir Bulgak (July 15, 1999 - June 2000), Russia's Minister of Communication and Informatization Leonid Reiman
Leonid Reiman
Leonid Dododzhonovich Reiman, in Russian: Леонид Дододжонович Рейман; born July 12, 1957 in Leningrad is a Russian businessman and government official, former Minister of Communications and Information Technologies of the Russian Federation...
(since June 26, 2000)
As of June 29, 2006, its Board of Directors consists of Leonid Reiman
Leonid Reiman
Leonid Dododzhonovich Reiman, in Russian: Леонид Дододжонович Рейман; born July 12, 1957 in Leningrad is a Russian businessman and government official, former Minister of Communications and Information Technologies of the Russian Federation...
(Chairman, Minister for Information Technologies and Communications of the Russian Federation), Boris Antonyuk (Deputy Minister for Information Technologies and Communications of the Russian Federation), Kirill Androsov (Deputy Minister for Economic Development and Trade of the Russian Federation), Vadim Stepanov (Secretary of State, Deputy Director of the Russian Federal Protection Service), Lyudmila Pridanova (Deputy head of Rosimushchestvo
Rosimushchestvo
The Federal Agency for State Property Management was a subdivision of the Russian Ministry of Economic Development and Trade that managed Russia's federal state property...
), Karen Markaryan (Assistant deputy head of the RF Government Executive Office), Vasiliy Popick (Assistant of the RF President's Expert department), Anatoly Akimenko (Representative of Mustcom Ltd.), Sergei Karpukhovich (Representative of Mustcom Ltd.).
Management Board (as of June 29, 2006): Alexander Kiselyov (Chairman, Director General), Stanislav Panchenko (Deputy Director General), Konstantin Belyaev (Deputy Director General), Evgeny Chechelnitsky (Deputy Director General), Vladimir Zhelonkin (Deputy Director General)
External links
- Svyazinvest - Official site
- JSC Svyazinvest - History of the company in Russian