Australian director not satisfied by his salary

Our agency has informed previously that an Australian citizen will work as an executive director of Erdenes Tavantolgoi LLC. Since the contract has not been concluded, director of Erdenes MGL B.Enebish manages Erdenes Tavantolgoi LLC.

Selecting from ten domestic and foreign appliers, Russell Norman Phillips has been chosen by Tender Judgment Committee because of his work experience in share issue in capital market. He has hold out an offer of his annual salary of USD300-400 thousand but the State Property Committee has explained this amount of salary would be impossible. Therefore, the two sides will talk on the wage issue.