Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Tuesday, September 26, 2017

The management of “Gazprom” in the crisis has been to twice

Gazprom doubled the compensation for its top managers in the first quarter of 2016. About it, quoting the report of the Corporation, according to “Vedomosti”.

photo: morguefile.com

Total income of the 17 members of the Board of the Corporation for January-March of last year amounted to 558 million rubles. For the three months that have passed since the beginning of the current year, this amounted to over one billion one hundred seventeen million rubles.

Income was generated from wages, which grew by 60.7%, and premiums increased 2.3 times.

The total holding costs for salaries amounted to little more than 270 million roubles, and the award — almost 847 million rubles.

Read about the sad outcome of “Gazprom” for 2015.

Note that the total size of the earnings of top managers of “Gazprom” over the past year is equal to 2.7 billion rubles.

The holding company refused to explain “statements” such a dramatic increase in remuneration to the management. This edition reminds that by the end of 2015, the head of “Gazprom” Alexey Miller became the most highly paid top-Manager of Russia, earning $ 27 million.

We will add that the financial results of Gazprom in the first quarter do not correspond to the increase in the salaries of its leadership. Thus, the net profit of the holding increased by 29.42% compared to the same period last year, while revenue from gas sales, conversely, declined by 6.61%.

Related posts:
"The Finance Ministry wants to extend the freeze of the cumulative part of pensions"
Lemons commented on the ban in Russia of Turkish lemons
Kudrin called for the return of the rating of Russia to investment level
Import substitution failed: can Russia feed itself


More Stories From Economy