BusinessIndustry

PJSC Gazprom: structure, branches, board of directors

Gazprom Corporation is among the largest players in the Russian and world economy. How is the management structure of this corporation organized? In which cities does Gazprom carry out its core business?

General information about the company

Before considering what the organizational structure of Gazprom is, we will study the basic information about the company.

Gazprom is traditionally regarded as a global energy corporation. Its main activities are:

- Exploration of minerals;

- extraction of fuel;

- gas transportation;

- processing and sale of fuel.

In addition, the corporation also produces and sells heat and electricity. At the disposal of Gazprom - the world's richest reserves of natural gas. The value of the corresponding reserves is about 18% of the world and 72% of the Russian. In turn, if we talk about gas production, then the corporation accounts for about 14% of its global volumes and 14% - from Russian.

The company actively develops projects on huge territories - on Yamal, on the Arctic shelf of Russia, in Siberia, in the Far East. Human settlements, whose economy is largely based on capacities owned by Gazprom - Urengoy, Astrakhan, Nadym, and many others. Actually the gas industry can be one of the city-forming in these settlements.

At the disposal of Gazprom is a developed transport and industrial infrastructure. The company is actively developing and processing industries. Opportunities of Gazprom allow almost completely to satisfy the domestic demand of the Russian economy in natural gas.

In addition, Gazprom has subsidiaries also abroad. The activities of these structures are also largely related to the exploration and production of fuel. The corporation supplies gas to both the Russian and foreign markets.

The corporation is one of the key players in the European fuel market. The largest projects of Gazprom on development of deposits abroad are realized in Venezuela, India, Algeria. Managers of the Russian corporation actively interact with colleagues on a wide range of issues: investing, implementing joint projects, sharing experience in the use of technologies for the extraction and delivery of fuel.

In the Russian Federation, Gazprom owns the Unified Gas Supply System. Its total length exceeds 168 thousand km. In fact, the company is the only manufacturer in Russia, as well as an exporter of liquefied gas.

Gazprom was founded as a public company in 1989. Its turnover in the active periods of capitalization was fixed in the values of about 3.9 trillion rubles.

The city where the main office of Gazprom is located is Moscow. The largest structures of the corporation are also located in St. Petersburg. It is known that the main office of Gazprom is planned to be moved to the northern capital in 2018.

history of the company

It will be useful to get acquainted with the main facts from the history of the company's development.

In the middle of the 20th century, a number of large gas fields were opened by Soviet specialists in Siberia, the Urals, and the Volga region. They began to quickly develop, and, as a consequence, in the 1980s the USSR became one of the largest countries in the world in the field of gas production.

In 1965, the Ministry of the Gas Industry was established in the USSR. In his charge was the exploration of minerals, the extraction of fuel, the implementation of its delivery and sale to consumers. In August 1989, this agency was transformed into an economic entity - the concern Gazprom.

In 1993, it was renamed into RAO Gazprom. The ownership structure of the corporation has changed significantly over time. For example, in the 1990s, a significant portion of the corporation's shares was sold as part of the privatization mechanism. By 2004, the state in Gazprom owned 38.7% of the shares. In addition, the Russian Federation had a majority in the company's Board of Directors. Subsequently, the state's share was increased to more than 50%.

In 2000, the corporation actively increased its turnover. In 2008, according to the level of capitalization, it was one of the top three largest global businesses. In 2009, Gazprom launched the first plant in Russia to produce liquefied gas. The European business direction was actively developing. So, in 2012 the company launched the second branch of the Nord Stream main line. Soon, Gazprom officially launched production at one of the largest gas fields - Bovanenkovskoye.

In May 2014, Gazprom and the Chinese corporation CNPC signed a major contract for gas supplies to China. The contract price was $ 400 billion. The agreement is designed for 30 years.

Owners of the company

Who is the owner of Gazprom? The ownership structure of the corporation has the following features.

The main shareholder of the corporation is the Federal Property Management Agency, which represents the state in this case. This department - in fact, the country - owns 38.373% of Gazprom shares. The next largest shareholder of the corporation is The Bank of New York Mellon. He owns 26.955% of the corporation's securities. Rosneftegaz owns 10.74% of Gazprom shares. Rosgazification has a share of 0.889% in the capital structure of the gas corporation. Other persons own 23.043% of the company's shares.

One way or another, the state owns 50% plus one share of Gazprom Corporation. The management structure of the company is as follows.

Management of the Corporation: General Meeting of Shareholders

The supreme governing body of the company is the General Meeting of Shareholders. Its formation takes place annually. In addition, extraordinary General meetings are possible. Owners of ordinary shares have the right to vote on them.

All owners of the relevant type of securities independently or through a representative can exercise the right to participate in the General Meeting. The appropriate type of event is considered eligible if shareholders are represented, which together possess more than half of the votes.

The competence of the general meeting is presented, in particular:

- changes in the provisions of the Company's Charter;

- the formation of annual reports;

- the definition of the auditor;

- distribution of income;

- by the selection of the members of the Board of Directors, as well as by the Audit Commission;

- making decisions on changing the management structure of the company;

- making decisions on changing the size of the authorized capital of Gazprom.

General management of the work of the corporation is performed by the Board of Directors It will be useful to study its features.

Management of the Corporation: Board of Directors

The activities of the Corporation's Board of Directors are governed by a separate Regulation. The intracorporate structure of the company "Gazprom" considered solves the issues of business development, if they are not within the competence of the parent body of the corporation - the General Meeting. At the same time, among the relevant competencies is the election of members of the Board of Directors. This procedure is carried out annually.

The head of the company's management structure is headed by the Chairman of the Board of Directors of Gazprom. The main competencies of the relevant body are:

- approval of the corporate budget for the year;

- development of investment programs;

- making decisions on the formation of general gatherings;

- establishment of executive bodies of the corporation;

- development of recommendations on the amount of dividends to shareholders.

If we talk about the executive structures of the company, the main one is the Board. Let's study its features in more detail.

Management of Gazprom Corporation: Management Board

It can be noted that the board of Gazprom is a structure that has the status of a collegial body. In turn, its Chairman is the sole body. At the same time, both the board and its chairman are accountable to the General Meeting, as well as to the Board of Directors of the corporation. Their task is to ensure the implementation of the decisions made by the higher management structures of the company.

The Gazprom Management Committee and its chairman are elected in the framework of the Board of Directors. The duration of their authorities is 5 years. In the competence of the Board there are, in particular:

- Development of the budget for the year;

- development of investment programs, plans for the activities of the corporation;

- preparation of reports;

- organization of gas supply management;

- ensuring the functioning of the Russian gas supply system.

Departments

The organizational structure of Gazprom is also represented by various departments. They can be responsible for:

- maintenance of technological processes;

- accounting;

- implementation of foreign economic programs;

- conducting internal control, as well as auditing;

- investment and implementation of construction projects;

- Maintaining the marketing policy;

- organization of fuel processing;

- production of fuel;

- information policy;

- interaction with the regions of Russia;

- organization of transportation, storage, use of fuel;

- management of various property, affairs, personnel, projects;

- implementation of corporate relations;

- strategic development;

- economic expertise;

- issues of pricing, economics, finance;

- organization of production management;

- issues of a legal nature.

The Audit Commission of Gazprom

There is another important structure that is part of the management structure of Gazprom. It's about the Audit Commission. It is accountable to the General Assembly, it is an elected body. The work of the Company's Audit Commission is also regulated by a separate Regulation.

In addition, the relevant structure of Gazprom is guided in its activities by the legislation of the Russian Federation, the Charter of the company, as well as by decisions of the General Meeting. The main tasks that this structure solves:

- control over the formation of reports and other information reflecting the indicators of the company's economic development, as well as characterizing its property status;

- control over the compliance of accounting methods used in the corporation, the provisions of Russian legislation;

- ensuring the timeliness of the reporting by the corporation to the interested structures;

- preparation of proposals aimed at improving the efficiency of the disposal of the assets of the corporation, as well as the implementation of other areas of financial and economic activities of companies;

- Preparation of proposals to reduce economic risks, optimization of internal control mechanisms in the corporation.

This is how one of the largest companies in the world is organized, so its management is organized. "Gazprom" in its structure as a whole is organized like other corporations of the appropriate scale. But given the importance of the tasks that the company decides in the course of its activities, the organization of business management in this case requires the use of the most effective approaches in management.

De-jure, the head of Gazprom - the chairman of the company's Board of Directors, as well as his subordinates, solve complex tasks to bring the corporation's management system in line with this criterion.

Branches of the company

In the course of building the management model of Gazprom, its subsidiaries were transformed into independent legal entities. They began to function as regional corporations in the gas sector. Each branch of Gazprom, thus, is de jure independent of the main company, although it certainly develops in the context of those strategic priorities that are developed by the head office of the corporation.

Management Migration to the Northern Capital

The management of the largest Russian gas corporation is characterized by a very remarkable trend - a steady migration of intra-corporate structures of Gazprom to the northern capital. We already know that the city where the main office of the corporation Gazprom is located is Moscow. But now St. Petersburg has every chance to become the key in terms of the presence of the brand at various levels of legal relations of the city of Russia. With what it can be connected? What attracts a corporation such as Gazprom, St. Petersburg?

First of all, of course, it is worth noting that the Northern Capital of Russia is a beautiful city in itself, and this alone can be a factor in the desire of the country's top managers to work there. According to experts, the largest Russian gas corporation now occupies about 20% of the offices of St. Petersburg in the luxury segment.

By 2018, the headquarters of the company will be located in the northern capital. It is expected that the new main office of Gazprom will be located in the Lakhta Center building, which is currently being built in the Primorsky district of St. Petersburg. The building will be represented by a skyscraper, as well as an office complex. The total area of the building will be about 400 thousand square meters. Meters.

At what address in the northern capital will the main office of Gazprom be located? The address "Lahta-center" - Lakhtinsky avenue, 2, bldg. 3. Construction of the structure began in 2013. It is calculated that the skyscraper of the center will be the highest among the buildings of Russia and Europe. In particular, it will be 88 above the Federation Tower, which is located in the Moscow office complex Moscow City.

Office Address

Actually, where is the headquarters of Gazprom now located? Address of the current head office of the corporation: Moscow, ul. Nametkina, 16. The building is located, therefore, in the South-West of the Russian capital. It is possible that after the move of Gazprom (St. Petersburg and Lakhta Center while they are in the state of waiting for this), in the building of the current headquarters of the corporation, nevertheless, the competent structures participating in the management of the company will continue to work .

In St. Petersburg, subsidiaries of Gazprom, departments operate.

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