| Meeting of the Board of Directors of Russian-Indian joint venture Avrora (India) Marine Systems Pvt. Ltd. |
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Meeting of the Board of Directors of Russian-Indian joint venture Avrora (India) Marine Systems Pvt. Ltd. (AIMS) was convened on 29 June 2009.
In the meeting, the Board of Directors heard out report of Mr. G.K.K.Nair, the Managing Director of the Company, on results of AIMS activities for the Ist half of 2009, and also discussed potential vectors of development of Avrora (India) Marine Systems Pvt. Ltd.
The Board of Directors has approved of the Concept of the Company Development, which sets out purposes, tasks, principles and priority vectors of activities for AIMS.
At the same time, the directors emphasized importance of services offered by the Company, and noted positive trends in ongoing cooperation between Avrora (India) Marine Systems Pvt. Ltd. with foreign partners.
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