Rosneft Management Board Considered Wage Indexation

At a meeting on April 13 Rosneft Management board considered indexation of personnel wage indexation effective April 1, 2015. The Board has decided to forego the move with regards to the head quarters staff amidst the current economic environment.

As for employees of Rosneft’s subsidiaries, their wages will be upped 7.5% starting April 1, 2015 under the current collective agreements. However, the indexation will not be applied to subsidiaries’ CEOs or their deputies.

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
April 13, 2015

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