OREANDA-NEWS. On 24 July 2009 was announced, that CenterTelecom OJSC and the Administration of the Lipetsk Region had signed a cooperation agreement aimed at further development of telecommunications infrastructure and information technologies in support of economic development in the region, increased security and improved quality of life for population. The agreement was signed by Vaagn Martirosyan, General Director, CenterTelecom, and Oleg Korolev, Governor of Lipetsk region.

In the course of the meeting between Mr. Martirosyan and Mr. Korolev, the basic issues for improvement of the regional telecommunications network were discussed.  In particular the parties considered the means of network infrastructure development for educational, health protection and administrative organizations of Lipetsk region. Moreover the parties summed up the results of work on the parties’ previous cooperation agreement.

In the course of Mr. Martirosyan's working visit to the Lipetsk region, which took place on June 15-16, 2009, he held a meeting with the branch's managers. The meeting summed up the economic and financial results of the branch for 1Q 2009 and the branch's development prospects. Mr. Martirosyan discussed CenterTelecom's priorities in the current economic situation to the meeting participants. In particular he stressed that  in the near future CenterTelecom will be focusing on further strengthening its position in Central Russia's telecommunications market.

Moreover within the framework of the meeting with employees of the Lipetsk branch of CenterTelecom, Mr. Martirosyan and Evgeny Stepanov, Deputy General Director – HR Director, CenterTelecom, held an awards ceremony. In 2008 Lipetsk branch of the company won a corporate competition among CenterTelecom's regional branches.