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11/09/2019
16:17
Russian Grids appointed deputy CEO

L.Neganov was appointed as Russian Grids deputy CEO on investment activity and capital construction, the company informed.

S.Sergeev, former deputy CEO, keeps now CEO position at Russian Grids Kuban.

Russian Grids is one of the largest grid companies in the world. It is keeping 2.34mln electric lines and 502ths substations. In 2018 758bn kWh were transferred to the consumers. The Company involves 35 subs and dependent entities including 15 interregional entities and one main grid company. The government is a major holder (88.04%).

The IQ 2019 net profit (RAS) was doubled to 40.1bn rub. from 21.5bn rub.

The IQ 2019 net profit (IAS) increased 22.9% to 40.8bn rub.; revenues gained 265.5bn rub. vs. 260.3bn rub.; EBITDA moved up 20.9% to 95bn rub.

"AK&M", 13:45, 11.09.2019 1251 COR,AKM

 

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