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Rosseti North-West

March 25, 2010

Chief of IDGC Holding named preparation to transmission to RAB the main objective for 2010

Nicolay Shvets met with the chief of IDGC of the North-West in the framework of the business trip to Saint-Petersburg.

Today Director General of IDGC Holding Nicolay Shvets (at the photo) visited IDGC of the North-West and made an operational meeting with the company’s top managers in the framework of one-day business trip to Saint-Petersburg.  Deputy Director General of IDGC Holding by economics and finances Aleksey Demidov, technical director of the head company Pavel Okley, director by information policy and communications Alexander Uzhanov also took place in the work of the meeting.

Top managers discussed preliminary results of the financial and economic activity of IDGC of the North-West in 2009, summed up results of the tariff campaign in 2010, identified problems the solution of which demanded joint efforts of the management board of the Holding and IDGC of the North-West. 

Deputy Director General of IDGC of the North-West Olga Makarova spoke at the working meeting in the regime of multi-media presentation. She represented preliminary principle parameters of results of the Entity’s financial and economic activity in 2009 and identified a series of problems. 

At the words of Î. Makarova, in spite of all the difficulties which the company came across in 2009 in terms of crisis, as a whole the results of the work demonstrate its financial stability in the reporting period. So the rating of the financial state of IDGC of the North-West has increased from Ñ1 as of the beginning of 2009 to B2 as of the end of the year. The solvency rating became weightier having risen from category B to category À.

The main objective which is faced by the companies of IDGC Holding in 2010 is to prepare and transmit to the new system of tariff regulation – RAB. This task was assigned by Nicolay Shvets. The joint efforts of the representatives of all the power entities will be needed for it but first of all grid companies must convince local authorities in appropriateness and efficiency of new approaches to the regulation. 

– Only transmission to RAB will make it possible for us to make reconstruction, to re-equip worn grid assets, construct new power facilities at the expense of attraction of serious investments which we obviously lack today. We are to make many things together in this trend – said chief of IDGC Holding summing up the meeting’s results. 

While completing the working meeting in IDGC of the North-West Director General of the Holding Nicolay Shvets reported to managers that hereinafter he plans to meet and discuss quicker different issues with top managers of IDGC of the North-West in the framework of each business trip in Saint-Petersburg.

 

 

 

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