OREANDA-NEWS. IDGC of Urals, OAO reports on Board resolutions.

The Board of Directors has conducted an in-absentia Board meeting. In the course of the meeting directors have scrutinized and decided on the range of issues.

The Board has approved the Uniform Procurement Standard, Regulations on Uniform Communications Policy, Regulations on the Examination and Reconciliation of Disputes and Conflicts of Interest in the Rosseti's Group as well as Regulations on Enhanced Performance Efficiency and Expense Reduction.

The Board has also approved the Company's 2016 Insurance Coverage and 1Q 2016 cash flow targets. The Board has reviewed the 9M 2015 progress report prepared by the Executive Board and 3Q 2015 progress report on non-core asset sale.