Yakovlev" proposed an early termination of UAC powers.
The Board of Directors of PJSC Yakovlev proposed to the shareholders to early terminate the powers of United Aircraft Corporation (UAC) as the managing organization of the company. The corresponding decision was made at the meeting on November 10, as appears from the issuer's announcement.
We are talking about the termination of the powers of PJSC UAC as the exclusive executive body of Yakovlev. The board of directors proposed to raise this issue for discussion at an extraordinary general meeting of shareholders. If the shareholders support the proposal, the powers of the UAC will cease from the date of termination of the agreement on their transfer.
The decision was supported by all nine board members. There were no objections to the proposal or abstinence. Therefore, the issue of early termination of the organization's managerial powers was unanimously supported by the board of directors, but the final decision will have to be made by the shareholders.
At the same meeting, the board of directors recommended to the shareholders to approve Yakovlev's retirement from the Irkutsk regional employers' union "Union of Industrialists and Entrepreneurs". The proposal also received nine votes in favor, with no votes against or abstentions.
response:.
The main shareholder, represented by the UAC, wants to make Yakovlev responsible for everything, to give Yakovlev independence in the current difficult conditions.
Recently, the same decision was made in Tupolev (that's why its manager from "manager" became "general"), and soon a similar decision will be made in Ilyushin.
The times when UAC wanted to "include everyone" and manage all the money have changed along with the lack of money, where instead of fat cash flows, UAC has to deal with huge debts.
Therefore, now the main goal of all the factories and design bureaus when it comes to the budget is to be independent and equal, which is difficult in the conditions of almost zero output of civilian products and almost zero profitability of the state security order.