OREANDA-NEWS. Zverev Krasnogorsky Zavod OJSC (KMZ OJSC), a Shvabe Holding enterprise, held a meeting of the Board of Director in the form of personal presence.

Several resolutions were adopted, including a resolution to elect Chairman of the Board of Directors; a resolution to determine the fee of the Company's auditor in 2015; and resolutions to approve transactions in accordance with the Company's Articles of Association.