Moscow. 1 July 2004. The general meetings of shareholders were held on 26 to 31 June 2004 at thirteen regional energos. The shareholders approved the resolution to reorganize the respective energy companies within the framework of the reform of RAO "UES of Russia". Shareholders of OAO "Astrakhanenergo", OAO "Volgogradenergo", OAO "Dagenergo", OAO "Kurskenergo", OAO "Lipetskenergo", OAO "Mordovenergo", OAO "Mosenergo", OAO "Permenergo", OAO "Rostovenergo", OAO "Ryazanenergo", OAO "Smolenskenergo", OAO "Udmurtenergo", and OAO "Chelyabenergo" approved the plans to restructure their companies through separation by lines of business with the current ownership structure to be preserved in all of the newly established companies.
Under the Russian laws, a decision to reorganize a company requires approval by at least 75% of shareholders present at a meeting. In all thirteen regional energos, the resolutions were approved by over 75 percent of the vote.
Thus, to date, resolutions on reorganization have been approved at thirty regional energy companies of RAO "UES of Russia" Holding Company.
|