OREANDA-NEWS. Anna Kolonchina, Executive Managing Director of Nafta Moskva and a member of Uralkali’s Board of Directors, commented:

Our purchase of a stake in Uralkali in 2010 was a strategic long-term investment for Nafta Moskva. We view the fundamentals of the potash industry as strong and have confidence in the growth potential of this market, which makes the investment in Uralkali extremely attractive.

Nafta Moskva supports Uralkali’s new strategy, considering it to be in accordance with the interests of all stakeholders and aimed at maximising shareholder value.

We also have high regard for the level of corporate governance at Uralkali and intend to continue to be actively involved in the work of the Board of Directors and its Committees, cooperating with the representatives of all shareholders to make decisions ensuring the long-term sustainable development of both Uralkali and the global potash industry.