A1 Has Become a Shareholder of OJSC SAM
The investment company A1 announces the acquisition of a share of voting shares of OJSC Moscow Plant of Computing and Analytical Machines (OJSC SAM).
Thus, A1 has become a shareholder of one of the most important firms of Russia's military and space industry, included in the list of the country's strategic firms. The near-future plans of A1 include normalizing the operating activities of OJSC SAM by participating in the plant's governance and by resolving the prolonged corporate conflict, in which the plant has been involved during the last 15 years.
Thus, in the immediate future, the activities of A1 as a shareholder of OJSC SAM will be focused on increasing the firm's shareholder value.
A1 is one of the leading players on the investment market in Russia and the CIS making equity investments in various industries, pursuing the interests of its shareholders, clients and partners. A1 focuses on investment projects of two types: special situations and growth strategies. Alfa-Bank (Russia), TNK, VimpelCom, Perekrestok and Rosvodokanal Group were originally A1 projects that later became strategic businesses for Alfa Group as well as core companies for the wider Russian economy. A1’s long-term interests are aimed at establishing strong and competitive businesses, producing modern and very high quality goods and services to satisfy Russia’s growing demand, and developing efficient organizational and management systems.