Dec 02, 2003. /Lesprom Network/. Russian Neusiedler-Siktivkar celebrated an urgent general meeting on December, 1 initiated by the board of directors. The company’s shareholders and their plenipotentiary representatives who attended the meeting corresponded to 75,05% of common shares of the registered total stake and 80,22% of privileged shares of the registered privileged stake, Neusiedler-Siktivkar public-affairs reported. The general meeting approved the articles of association, the new editions of the regulations concerning the board of directors and the executive bodies. The changes introduced allow to extend the powers of the governing body which provides more efficient management. The changes were introduced in accordance with the approved Neusiedler Siktivkar new management structure which separates the powers of the governing body - the body manages the recently reorganized departments. The proposal to split common and privileged shares worth RUR 1/share into 100 shares worth RUR 0,01/share during each urgent general meeting was rejected.