Schroeder plans to join the Board of Directors of «Rosneft»: For Germany it is unwise to isolate our big neighbour — Russia

Former German Chancellor Gerhard Schroeder called on Russia to «big neighbor» Germany and said that the isolation of Russia is his country unprofitable. This statement he made on 30 August on the election campaign in Saxony, according to Handelsblatt.

He stressed that the will to defend their intention to enter into the composition of the Board of Directors of the Russian Rosneft, as it believes that «economically and politically unwise for us to isolate our big neighbour – Russia.»

Schroeder added that «the demonization of Russia will not benefit anyone», writes «Deutsche Welle».

He stressed that he did not intend to abandon the occurrence to the Board of Directors «Rosneft».

«It’s about my life, and here I decide, and not the German press», – he stressed.

12 August it became known that the name Schroeder – among the four candidates for the position of one of the independent Directors. The number of seats on the Board of Directors of the company will be increased from nine to 11.

The Agency «Interfax» reported that candidate Schroeder invited for the post of Chairman of the Board of Directors of «Rosneft».

The increase of the Board of Directors of «Rosneft» shareholders must approve the September 29. Now three of the nine Directors are independent. If the composition of the Board will increase to 11 people, you will need to introduce one more independent Director to comply with the Statute, reported RBC with reference to sources in the Russian government and Rosneft. The publication also noted that Schroeder was nominated for the post of independent Director.

After retiring from the post of Chancellor of Germany in 2005, Schroeder Chairman of the Supervisory Board, and the Committee of shareholders of company Nord Stream AG, which manages Russian gas pipeline «Nord stream». In 2016, he led the company Nord Stream 2 – operator construction of the third and fourth strings of the pipeline.




Schroeder plans to join the Board of Directors of «Rosneft»: For Germany it is unwise to isolate our big neighbour — Russia 31.08.2017

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Август 31st, 2017 by
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