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MRSK North West relies to invest 3.672bn rub.

In 2014 MRSK North West relies to invest 3.672bn rub. within the program, the company informed.

The document was formed with respect to the freezing of the energy tariffs in line with the governmental resolution. The capital investments are assumed to gain 3.196bn rub.; 2.562bn rub. being invested in modernization.

The Company (TIN 7802312751) is working as a single operating company (former wholly-owned sub of RAO UES Russia. It includes 7 branches - Arkhenergo, Karelenergo, Vologdaenergo, Kolenergo, Komienergo, Novgorodenergo, Pskovenergo. The length of the lines covers 169.6ths km. The total capacity of the substations is equal to 17.8ths MWA.

The share capital is worth 9.579bn rub. Russian networks keeps 55.38%.

The IH 2013-net losses (IAS) reached 246.828mln rub. vs. 473.059mln rub. in profit prior year; revenues added 23.91% to come to 20.358bn rub.

from 16.43bn rub.; operating profit being down 7.93 fold to 100.075mln rub. from 793.594mln rub.; pretax losses coming to 138.039mln rub. vs. 705.594mln rub. in profit.

The 9-month 2013-net profit (RAS) declined 3.48 fold to 86.016mln rub. from 298.967mln rub. prior year; revenues climbed up 31.62% to 29.116bn rub.

from 22.122bn rub.; profit from sales - 7.26% to 1.646bn rub. from 1.535bn rub.; pretax losses being halved to 276.085mln rub. from 604.576mln rub.

"AK&M", 25.12.2013


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