To secure and increase the understanding of investors, cooperation partners,
clients and society about the company, its activities and governance, JSC
“Grindeks” publishes the Corporate Governance Report.
JSC “Grindeks” Corporate Governance Report of the year 2007 (hereinafter - the
Report) of is made according to the Riga Stock Exchange “Corporate governance
principles and recommendation on their implementation”, issued in 2005. The
Report is made by the Board of JSC “Grindeks and revised by the Council of JSC
“Grindeks”.
Corporate governance principles were adjusted to JSC “Grindeks” as much as
possible and JSC “Grindeks” complied with the biggest part of them, carrying
out its operational activities, in 2007. The Report informs also according to
the principle “observe or explain” on those principles, which JSC “Grindeks”
observed partially or did not observe in 2007, and on the circumstances that
justified it.
The Report is submitted to Riga Stock Exchange together with JSC “Grindeks”
audited consolidated financial report of 2007, published at the official web
site of Riga Stock Exchange http://www.baltic.omxnordicexchange.com/, as well
as at the web site of JSC “Grindeks” www.grindeks.lv, in the section
Investors in Latvian, Russian and English.
Further information:
Laila Klavina
Head of the Communications Department
JSC “Grindeks”
Phones: +371 67083370, +371 29256012
e-mail: laila_klavina@grindeks.lv
