News
The annual meeting of shareholders of Vyborg Shipyard JSC was held at the premises of Vyborg Shipyard
On May 22nd the annual meeting of shareholders of Vyborg Shipyard JSC was held at the premises of Vyborg Shipyard.
The number of votes registered for participation in the general meeting by the opening time made more than half of the total number of voting shares of the Company. Thus, the members of the meeting were competent to pass decisions on the agenda.
In presidium of the general meeting of shareholders there was elected Chairman of the Board of Directors of Vyborg Shipyard JSC G.A. Poryadin, General Director of Vyborg Shipyard JSC V.G. Levchenko, Chairman of the Trade Union Committee of Vyborg Shipyard JSC O.V. Kuzjmin.
Georgy A. Poryadin opened the meeting, in his speech he positively assessed work of Vyborg Shipyard in 2008 and suggested to the shareholders to summarize the results of the previous year and look into the order prospects for the next year. General Director V.G. Levchenko reported on the operational results of Vyborg Shipyard in 2008. Financial and economic activity of Vyborg Shipyard JSC by results of the year 2008 is characterized by the following performance data:
| Performance | Unit | for 2008 |
| Actual output | Thousand rbl. | 14 816 203 |
| Shipping volume/ volume of services (including the fulfilled stages of work-in-progress and under protocols of partial completion) | Thousand rbl. | 10 214 318 |
| Profitability of shipped products, services | % | 14.0 |
| Sales profit | Thousand rbl. | 1 251 354 |
| Net profit | Thousand rbl. | 401 824 |
| Actual tax and levy expenditures | Thousand rbl. | 374 280 |
| Average number of personnel | Person. | 1 565 |
| including workers | Person. | 969 |
| Payroll bill | Thousand rbl. | 454 635 |
| Average monthly salary of employees | Rbl. | 24 037 |
| Average monthly wages of workers | Rbl. | 21 027 |
| Capital investments, total | Thousand rbl. | 150 670 |
| Including those according to funding sources | ||
| Enterprise own resources | Thousand rbl. | 32 548 |
| Raised funds | Thousand rbl. | 118 122 |
| Capital investments, total | Thousand rbl. | 150 670 |
| Including: | ||
| Buildings and facilities | Thousand rbl. | 82 900 |
| Machinery, equipment, means of transport | Thousand rbl. | 67 770 |
In accordance with the approved agenda the following questions were considered at the general shareholders’ meeting:
- Approval of the annual accounting reports of Vyborg Shipyard JSC for 2008, including profit-and-loss account, internal audit commission report and auditor’s report;
- Approval of the Charter of Vyborg Shipyard JSC as amended;
- Allocation of profit as of the end of the year 2008;
- Definition of quantitative representation of the Board of Directors of Vyborg Shipyard JSC;
- Election of members of the Board of Directors of Vyborg Shipyard JSC;
- Election of members of the internal audit commission of Vyborg Shipyard JSC;
- Approval of the auditor of Vyborg Shipyard JSC;
- Approval of major transactions.
Vote returns on the main issues of the agenda of the annual meeting of shareholders of Vyborg Shipyard JSC will be published at the beginning of June 2009.