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Yantarenergo BOD holds sitting Feb. 28.

Feb. 28 Yantarenergo BOD is going to elect new management board member and central purchase body, the company informed.

Yantarenergo (TIN 3903007130) is a grid company providing transfer and distribution of electric energy and connection of the users to the networks.

It is ranked as a monopolist in Kaliningradsky reg. After the RAO UES restructuring 100% were acquired by MRSK Holding.

The IH 2013 net losses (IAS) declined 14.82% to 305.417mln rub. from 358.567mln rub. prior year; revenues rose 8.37% to 4.582bn rub. from 4.228bn rub.; losses from sales dropped 14.12 fold to 22.734mln rub. from 321.002mln rub.; pretax losses - 2.92 fold to 151.987mln rub. from 443.834mln rub.

The 9-month 2013 net profit (RAS) dropped 20.75 fold to 21.822mln rub. from 452.837mln rub.; revenues rose 11.01% to 2.776bn rub. from 2.501bn rub.; losses from sales declined 3.49 fold to 107.734mln rub. from 375.888mln rub.; pretax losses - 7.22 fold to 74.141mln rub. from 535.509mln rub.

"AK&M", 14.02.2014


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