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  Rosseti North-West REGISTER LOG IN

Press Releases > Rosseti North-West  all about the company

company search
all press releases
all Rosseti North-West press releases

Rosseti North-West

November 19, 2010

Top-managers of IDGC North-West answered the questions of foreign investors

The one of the first questions was the problem of RAB-based tariff system.

19 of November the meeting with major investment fund from Great Britain, USA, Finland, France, Sweden, Switzerland and Japan took place in the main office of IDGC North-West in Saint-Petersburg. The general director of IDGC North-West Aleksandr Kuhmay answered the questions of the foreign investors. 

In the meeting also participated : deputy of general director of corporative management Anatoly Kushnerov, deputy of general director of economy and finances Olga Makarova, chief accountant Tatiana Maksimova, head of department of corporative relationshipsand property Andrey Karandashevand the head of tariff department Valentin Chesnokov.  
Aleksandr Kuhmay  in details told to the guests about the results of company’s activity and suggested to ask the questions. 

The one of the first questions was the problem of RAB-based tariff system.And  Aleksandr Kuhmay described all the advantages of this tariff system. He said that it is very difficult to solve the problem of the grid complex renovation without considerable investments. And RAB –based tariff system gives the possibility to provide return of the investments and profit.  

Also the investors were interested how the management of IDGC North-West acts to decrease the operational costs. Aleksandr Kuhmay said that is difficult  to optimize the costs in the conditions of short-term tariffs. Long –term tariff system based on RAB gives the stimulus for economy  for the purpose to  receive additional profit.

Some of the questions were about corporative management and motivation of top-management.

The expert of the department of corporative management and cooperation with investors of Holding IDGC Vitaliy Stepanov shared his impressions: “ Management of IDGC North-West has demonstrated the high level of openness and  readiness for the dialogue with investment community. The general director gave the irrefragable answers. I think that in the future we must continue such practice.




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


Site Map
Privacy Statement | Disclaimer