FSK UES completed the works aimed to link EvroKhim-VolgaKaliy to the electric networks, the company informed.
The latter provides development of the potassium salt field in Volgogradsky reg. This field is the largest in Europe. Thus, the Company gets extra 160MW for the development of the own activity.
FSK UES (TIN 4716016979) is an operator and owner of the Russian Integrated National Electric Network (ENES). It was registered in 2002. It provides operation of 121ths km of electric lines and 800 substations of above 305ths MW in capacity. The stocks are traded on the public market. 79.48% of the share capital are held by the state; remained - by the minority.
The 2013 net losses gained (IAS) 234.771bn rub. vs. 7.238bn rub. in profit prior year; revenues rose 12.58% to 157.97bn rub. from 140.313bn rub.; operating losses coming to 262.546bn rub. vs. 33.878bn rub. in profit; pretax losses - 289.914bn rub. vs. 8.991bn rub. in profit prior year; corrected EBITDA increased 12.68% to 92.551bn rub. from 82.133bn rub.
The 2013 net losses (RAS) moved up 5.57% to 25.898bn rub. from 24.532bn rub. prior year period; revenues added 11.9% to 155.352bn rub. from 138.836bn rub.; profit from sales - 0.35% to 22.403bn rub. from 22.326bn rub.; pretax losses - 23.84% to 17.672bn rub. from 14.27bn rub.