VILNIUS—Today, November 19, a meeting of the Board of Mažeikių Nafta was held in Vilnius.
The Board members voted to approbate Mažeikių Nafta’s budget for 2003 and to submit it to the Head of the Company’s Administration for approval. In consideration of provisions of the approbated budget, the Board of Mažeikių Nafta authorized the Head of the Company’s Administration to prepare and submit by April 1, 2003 for the Board’s consideration correspondingly amended and supplemented draft Management Plans.
The Board of Mažeikių Nafta considered the candidacy of Deputy General Director of Marketing and appointed to this position Redas Kristanavièius, the former Marketing Director of the Company.
Date: November 19, 2002
AB Mažeikių Nafta
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