The corporation again failed to introduce its representatives to the board of directors of the enterprise

NPK Uralvagonzavod, which controls 15% of the shares of OJSC Motovilikha Plants, again failed to initiate a meeting of the company’s shareholders in order to introduce its representatives to the board of directors. According to the official statement of Motovilikha Plants, Uralvagonzavod was never included in the register of their shareholders. Representatives of the NPK believe that they were refused “on formal grounds.” At the same time, the private shareholders of Motovilikha Plants OJSC, headed by Vagharshak Sarksyan, are “fully open to negotiations with Uralvagonzavod on the possible sale” of their stakes.

Yesterday, the results of the meeting of the board of directors of OJSC Motovilikha Plants (MZ, Perm) that took place on February 10 were published on the Information Disclosure Server. As follows from the company's message, the demand of Uralvagonzavod's subsidiary (UVZ) CJSC Ural Heavy Duty Equipment - Uralvagonzavod (UBT-UVZ) to convene an extraordinary general meeting of shareholders was not supported, and the nomination of candidates from UVZ to the board of directors of the company was refused. As the press service of Motovilikha Plants explained, the reason for the refusal was that the company did not receive documents confirming that UBT-UVZ is present in the register of shareholders of Motovilikha Plants OJSC. Earlier, on January 30, the board of directors of the Ministry of Health already refused to allow the UVZ structure to convene an extraordinary meeting of shareholders for the same reasons.

According to Kommersant sources, at the end of 2011, UBT-UVZ CJSC acquired 14.3% of the shares of Motovilikha Plants from Silen-Invest CJSC (controlled by the former city manager of Kazan, Marat Zagidullov), and the remaining share is up to 15%. shares were purchased from a member of the board of directors of the enterprise, Oleg Oshchepkov. UVZ Deputy General Director for Corporate and Legal Issues Igor Fomin told Kommersant that yesterday, February 13, the company received official confirmation of inclusion in the register of shareholders of Motovilikha Plants and will again put forward a demand to convene an extraordinary meeting. The top manager added that UVZ continues negotiations on the purchase of a 35% stake in the company. The press service of the Ministry of Health explained yesterday that so far there have been no requests from UBT-UVZ to convene an extraordinary general meeting of shareholders.

The situation is complicated by the fact that 25% of the shares of Motovilikha Plants, owned by Rosoboronexport, have been managed by the subsidiary of Russian Technologies, RT-Auto, since February 2011 (10% of the shares of MZ belong to the Tula Federal State Unitary Enterprise Splav, 25% - RT-Auto", 35% are controlled by companies affiliated with a number of individuals from among Perm businessmen - Kommersant). “The management of the enterprise does not understand on what basis this package was transferred to a company whose profile is the automotive industry, but not the defense industry,” says a source familiar with the situation at the plant. As a result, as Sergei Kogogin, general director of RT-Auto, told Kommersant, “the management of Motovilikha, controlled by Vagharshak Sarksyan, actually does not allow the ‘company’ to manage the enterprise.” At the same time, Mr. Sarksyan himself assured Kommersant that “private shareholders do not have any conflict with Russian Technologies.” They simply “consider it appropriate” for the state corporation to manage the stake itself, and not through RT-Auto. At the same time, the entrepreneur stated that he and his partners are “fully open to negotiations with UVZ on the possible sale of their stakes.”

“For UVZ, the consolidation of Motovilikha is definitely very interesting, since the corporation will expand its competencies in the production of military equipment, which means it will be able to count on a larger volume of state defense orders,” says Mikhail Pak from Aton. According to the general director of Motovilikha Plants Nikolai Bukhvalov, the volume of the enterprise’s state defense order in 2011 was 2 billion rubles, in 2012 - “about 1.5 billion rubles”, and in 2013 - 3 billion rubles. The company, adds Mikhail Pak, is in a good financial position, its sales volume in 2011 amounted to more than 13 billion rubles.

Egor Popov, Elena Nikishchenko

UVZ drove past Motovilikha