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Rosseti North-West

June 9, 2010

Top-managers of IDGC of the North-West have met investors

The parties have discussed topic of transition to RAB, a financial status of the company and plans on consolidation of networks.
Today in JSC «IDGC of North-West» in St.-Petersburg has passed a meeting of top-managers of the company with manager of fund «Pension fund «Ilmarinen» (Finland) Ville Esko Helske, the operating director, the head of analytical department of electric power industry of «Renaissance Capital» Derek Uiving, the operating director of a department of international distributions of shares of «Renaissance Capital» Eugene Konovalenko.

From the side of IDGC of the North-West in a meeting with investors participated the deputy Director general on corporate governance Anatoly Kushnerov, the deputy Director general on economy and the finance Olga Makarova, the deputy Director general on investments Aslan Chehoev, the chief accountant - the chief of department of the financial account and the reporting Tatyana Maksimova.
The special attention during a meeting has been given to transition of IDGC of the North-West to a method of regulatory asset base (RAB). «While there are no concrete figures, but it is visible that process goes, and it is possible to feel only optimism on situation development», - has noted Ville Esko Helske following the results of a meeting.

"We have tried to tell about problems and ways of their decision objectively. Besides a subject of transition on RAB, we have discussed a financial status of the company, the program of optimization of costs and plans on consolidation of networks", - Anatoly Kushnerov has told. According to his words, the next two-three months it is planned to hold one more meeting for investors with participation of Director general of the company.

 

 

 

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