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TGK-14 BOD holds sitting Apr. 7.

TGK-14 BOD is going to elect a director general at the sitting Apr. 7, the company informed.

Besides, the heads of Buryatia Generation and Chitinskaya Generation should be appointed and the credit policies discussed.

TGK-14 (TIN 7534018889) was formed in Dec. 2004. In 2006 the restructuring in the generating company was completed. TGK-14 provides heat transfer to Zabaikalsky reg. and Buriyatia. The Company includes 7 stations of 633MW and 2707 Gcal in capacity. 76.92% are held by Energopromsbyt as the consortium founded by RZHD and ECH Group.

The 2012-net losses (IAS) declined 3.44 fold to 668.486mln rub. from 2.302bn rub.; revenues - 7.3% to 8.587bn rub. from 9.264bn rub.; operating losses - 4.92 fold to 543.488mln rub. from 2.676bn rub.; pretax losses -

3.31 fold to 855.495mln rub. from 2.834bn rub.
The 9-month 2013-net profit (RAS) gained 341.314mln rub. vs. 1.159bn rub. in losses; revenues rose 33.81% to 7.316bn rub. from 5.468bn rub.; profit from sales coming to 408.386mln rub. vs. 945.27mln rub. in losses; pretax profit - 408.386mln rub. vs. 945.27mln rub. in losses.

"AK&M", 14:23, 27.03.2014 1251 AKM,COR


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