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Sergey Radkov to be appointed acting CEO of Rosgeologia

The former head of the company, Sergei Gorkov, remains on the holding’s board, TASS reports, citing a statement by the head of the Russian Ministry of Natural Resources and Environment and concurrently the chairman of the board of directors of the holding, Alexander Kozlov, made during an extended meeting of the holding’s board.

Since 2021, Radkov has been overseeing the production of solid minerals at Rosgeologia.

Gorkov was appointed to the post of CEO of Rosgeologia in April 2019. On April 2, TASS, citing sources close to Rosgeologia, wrote that Gorkov’s term as CEO of the holding expired in early April.

The day before, Rosgeologia shared its financial statements according to the Russian Accounting Standards, according to which the company’s net profit in 2023 increased to 357.61 million rubles against 339.25 million rubles. in 2022

Rosgeologia is the largest geological holding company in the Russian Federation. The company carries out all types of geological exploration work, from regional studies of all types of minerals to the calculation of reserves and commissioning of deposits. The company is the main executor of the state order for work on the reproduction of the mineral resource base of Russia. 100% of the capital of Rosgeologia is in state ownership.

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