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MRSK North-West BOD holds sitting Mar. 11.

MRSK North-West BOD decided to call a sitting Mar. 11 to elect new management board, the company informed.

The report of the director general should be discussed.
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 Grids 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", 20.02.2014


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