Mikhail Khabarov was re-elected as Chairman of the Board of Directors of PJSC "GEOTECH Seismic Services"

Mikhail Khabarov was re-elected as Chairman of the Board of Directors of PJSC "GEOTECH Seismic Services". On August 10 the corresponding decision was made at the meeting of the company's Board of Directors.


Mikhail Khabarov is the first Deputy President-Chairman of the management Board, Chief Executive officer of the Trust Bank of non-core assets, and is also a member of the Board of Directors of RPC "United Wagon Company " (UWC).
Previously, he was elected to the Board of Directors of PJSC "GEOTECH Seismic services". The Board of Directors also includes Dmitry Kolosov, Managing Director of the Neftegaz project of the Trust Bank of non-core assets, Dmitry Levin, Deputy President and Chairman of the Board of OTKRITIE Bank, Svetlana Postnova, Vice President of OTKRITIE Bank, Vladimir Rykunov, Vice President of OTKRITIE Bank, Vladimir Tolkachev, President of GEOTECH Seismic Services, and Timur Khamraev, Vice President of OTKRITIE Bank.
"The company successfully implements the corporate strategy approved by the shareholder. As part of this strategy, GEOTECH is transforming its organizational structure and implementing a cost-cutting program. This had a positive impact on the company's financial performance. In the first half of 2020, net profit amounted to 1.2 billion rubles, an increase of 43% compared to the same period last year. Despite the turbulence in the commodity markets, the company continues to implement its key investment projects," Mikhail Khabarov said.

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