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RUSSIA: New Cristall board face legal challenge days after appointment

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Official control of the Cristall distillery, Russia's largest vodka producer, was passed to the newly founded state-run concern Rosspirtprom on Monday but already the legality of the new management is being contested in court. A special shareholders meeting on Monday convened and legalised the transfer of Cristall to Rosspirtprom. There is no longer a single representative of the last controller, the Moscow city authorities, on the board and shareholders also decided to reduce the number of directors from 17 to 11.


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