Oct 22, 2004. /Lesprom Network/. Russian Balahninsky pulp and paper enterprise (Nizhny Novgorod) held a general meeting. The general meeting elected the new board of directors of 5 members, corporate spokesperson told Lesprom.ru. The new board of directors consists of Alfa-Bank president Petr Aven, Gosconcert first deputy-CEO Vakhtang Badzhelidze, Arbacom consultant Alexander Bahutashvili, OstWestGroup deputy-CEO Shalva Breus, Volga deputy-director on logistics Yuri Petukhov. The new chairman of the board will be elected next week. The shareholders of the enterprise stopped their functions and reduced the number of members of the board of directors from 7 members to 5.