Restructuring of the GCE Group of Companies has been concluded, says President of the GCE Group Alexander Moskalenko

The GCE Managing Company will perform the financial and investment , personnel and information policy, and provide legal support for the activity of the Group.  As of today, administration of sixteen companies, affiliates, and representative groups of GCE in Russia, India, Brazil, Germany, and Canada has been transferred to the new group.  100% equity stake of the Russian network, 100% of the GCE Group India and GCE Energy Consulting in Germany, and 40% equity stake in GCE Brazil.  

In conjunction with the structural changes in the GCE Group, a series of personnel realignments took place at the end of 2009.  By decision of the directors’ council ,Alexander Moskalenko has been designated president of the Managing Company, and Andrei Kamensky, its vice president.

“The formation of the Managing Company is part of the GCE Group’s strategy for business development in accordance with international standards,” comments President of the GCE Group Alexander Moskalenko.  “This will facilitate international business activity, and improve the system for controlling both expenditures and revenue for the group.”  

Background note:  The GCE Group of Companies is one of the world leaders in the market of industrial safety services, ecology, and labor protection.  It is the largest energy auditor in Europe.  In Russia the division of the GCE Group for technical consulting is represented by five companies and affiliates in the largest financial-industrial centers of the country.  The Group’s clients are also industry leaders such as Ford, Enel, British Petroleum, Gazprom, RUSAL, SIBIR, Transneft, INTER RAO EES, and many others.