print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  RusHydro REGISTER LOG IN

Press Releases > RusHydro  all about the company

company search
all press releases
all RusHydro press releases

RusHydro

October 5, 2018

Results of the Board of Directors Meeting on October 03, 2018

October 5, 2018. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting in absentia on October 03, 2018.

***

The Board of Directors approved the report on execution of PJSC RusHydro’s comprehensive procurement program for the first half of 2018. The Company has carried out 1,369 procurement procedures in the first half of the year with 96% of competitive tenders carried out in electronic format. The effect of carrying out procurement procedures amounted to 5.5% or RUB 1.1 bn.  

The Board of Directors approved Unified regulations on procurement of RusHydro Group, the document will be effective as of November 1, 2018.

***

The Board of Directors approved adjusted list of investment projects of PJSC RusHydro for public technological and price audit in 2018-2019.

***

The Board of Directors approved divestment by PJSC RusHydro and its subsidiaries of 40% in authorized share capital of LLC VolgaHydro to Voith Hydro for RUB 450 mn. The price determined by an independent appraiser covers RusHydro’s investment into the project. The deal is to be closed before the end of 2018. Voith Hydro, an international mechanical-engineering company, will assume full ownership of VolgaHydro manufacturing hydropower turbine equipment in Balakovo, Saratov region, upon completion of the transaction.




Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer