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AlfaStrakhovanie insured employees TGC-2 for RUB 7 billion

AlfaStrakhovanie has insured employees of JSC TGC-2 for a total amount of RUB 7 billion, the insurance company informed.

The VHI program for the company's employees covers outpatient and polyclinic services, hospital treatement and dental services.

The AlfaStrakhovanie group unites AlfaStrakhovanie PLC, AlfaStrakhovanie-Life LLC, AlfaStrakhovanie-OMS LLC, insurance medical company Yugoria-Med, Medicine of AlfaStrakhovanie LLC. The group's equity capital reaches RUB 11.8 billion. The AlfaStrakhovanie group is operating as part of financial and industrial consortium Alfa Group (Alfa Bank, Alfa Capital, A1, Rosvodokanal, X5 Retail Group N.V.).

According to its license, the group offers more than 100 insurance products including life insurance and accident insurance services. More than 270 regional representative offices provide insurance services. Over 24.8 million clients all over Russia benefit from the Group's services.

JSC Territorial Generating Company no. 2 (TGC-2, tax number: 7606053324) was established by a decision of the Board of Directors of RAO UES of Russia on February 25, 2005. The company is the biggest heat supplier in Russia's Central and Northwestern federal districts. TGC-2 is operating in 5 Russian regions and in Skopje, the capital of the Republic of Macedonia. Besides, TGC-2 holds the single heat supplier status in Yaroslavl and Arkhangelsk.

TGC-2 comprises three central head departments: for Arkhangelsk region, for Novgorod region and for the Upper Volga region. The latter head office was established in 2014 on the basis of the head offices for Yaroslavl, Kostroma and Vologda regions. The company manages 12 combined heat and power plants, 5 boiler houses and 4 heat supply enterprises. The total installed electrical capacity of the TGC-2 power facilities is 2,560.6 MW, total thermal capacity being 8,832.2 Gcal/h.

The company's authorized capital is RUB 14.749 billion. It consists of 1,458,401,856,250 common and 16,500,533,681 preferred shares with a face value of RUB 0.01.

IFRS net profit of JSC TGC-2 for H1 2016 was RUB 251.436 million against a loss of RUB 469.719 million the year before. Revenue increased by 8.32% to RUB 18.036 billion from RUB 16.651 billion, operating profit from continuing operations by 24.17% to RUB 1.652 billion from RUB 1.33 billion, pre-tax profit was RUB 229.079 million against a loss of RUB 39.723 million for the same period in 2015.

According to AK&M Information Agency's DataCapital information retrieval system, RAS net loss of JSC TGC-2 for 9 months 2016 grew by 41.59% to RUB 749.442 million from RUB 529.31 million for the same period in 2015. Revenue increased by 7.66% to RUB 22.784 billion from RUB 21.163 billion, sales profit by 13.81% to RUB 1.753 billion from RUB 1.54 billion, loss before tax by 49.79% to RUB 815.042 million from RUB 544.105 million.

"AK&M", 20.03.2017 13:11


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