I'm interested in

The page will reload with new widgets as you request.

Press Release

LUKOIL AND ROSTELECOM AGREE TO COOPERATE IN TELECOMMUNICATION SERVICES

{ 11/12/2020 12:00:00 AM }

LUKOIL (also referred to as the "Company") and Rostelecom have agreed to cooperate in the area of telecommunication services. The cooperation is based on the agreement of Rostelecom to buy a 50.1% share in LUKOIL-INFORM, a wholly-owned subsidiary of the Company which provides telecommunication and IT support services to Russian-based entities of the LUKOIL Group. The concluded agreements provide for sale of the remaining 49.9% share in LUKOIL-INFORM to Rostelecom in 2023.

The above agreements with Rostelecom are in line with the LUKOIL Group's strategy for optimizing its business processes, reducing non-core activities and outsourcing services from professional market players.

 

  • Press release in PDF

You may be interested