Joint Stock Company Rosgeologiya (hereinafter - RosGeo) develops and improves the system of corporate governance striving to meet the highest international standards.
The supreme governing body of RosGeo is the General meeting of shareholders that makes the decisions with respect to all key issues of the activities.
The overall management of RosGeo activities is performed by the Board of directors, which powers and responsibilities comprise the assurance of the company sustainable development, elaboration of the Company strategy, as well as supervision over compliance with the corporate governance principles, including the protection of interests of the shareholder, employees of the company and its partners, timeliness and completeness of the information disclosure, and business transparency.The Governing body enables the efficient Holding performance, implementation of the declared strategy addressing the most important challenges in improvement of RosGeo production processes and financial and economic activities.
There are three committees under the Board of directors of RosGeo: audit, staffing and remuneration, and strategy committees. The responsibilities of the committees include the preliminary review of the issues regarded to the competence of the Board of directors and submission of the appropriate recommendations.
Corporate governance structure
