A New General Director of ZAO ZEM RSC ENERGIA has been elected

[Danderman]

http://www.energia.ru/en/news/news-2014/news_04-02.html

Due to the expiration of the term based on Article 79 of Labour Code of the Russian Federation by decision of sole shareholder Closed Joint-Stock Company "Experimental Machine-Building Plant of S.P. Korolev Rocket & Space Corporation Energia" (ZAO ZEM RSC Energia) General Director Aleksandr Fedorovich Strekalov powers were terminated.

By the same decision Sergey Yurievich Romanov was elected as General Director of ZAO ZEM RSC Energia.

 

[Danderman]

Commentary:

This happened a couple of weeks ago.

Strekalov, as head of ZEM, was a major player at Energia, and his removal from office signifies that something is afoot at Energia.