OREANDA-NEWS. July 4, 2008. Power Machines OJSC will not pay dividends for 2007. The press service of PM reports that such a decision was made during the June 27 annual meeting of the company’s shareholders.

The shareholders elected a new Board: Director General of Severstal OJSC Aleskey Mordashov, Deputy Director General of Severstal OJSC Aleksey Yegorov, Deputy Director General for Legal Issues of Severstal OJSC Dmitry Sanin, CEO of Siemens AG Energy Sector Mikhael SьЯ, Vice President of Siemens in Russia Hans-Juergen Wio, Deputy Director General of Atomenergoprom OJSC Kirill Komarov, Director General of Power Machines Igor Kostin and Director of Universal Invest LLC Igor Voskresensky.