PJSC Rosseti is a public holding company with the state’s share in the authorized capital of 88.04%, created in accordance with Decree of the President of the Russian Federation of 22 November 2012 No. 1567 in order to increase the efficiency and development of the electric grid complex of the Russian Federation, as well as coordinate work on management of this complex through subsidiaries and affiliates.
PJSC Rosseti owns a controlling stake in 14 distribution electric grid companies1 (PJSC Rosseti Kuban, PJSC Rosseti Lenenergo, PJSC Rosseti Moscow Region, PJSC Rosseti Volga, PJSC IDGC of North-West, PJSC Rosseti Northern Caucasus, PJSC Rosseti Siberia, JSC IDGC of Urals, IDGC of Centre, PJSC, IDGC of Centre and Volga Region, PJSC, PJSC Rosseti South, PJSC TRK, JSC Rosseti Tyumen, JSC Yantarenergo) and 1 transmission electric grid company (PJSC FGC UES). The disposal of these assets is not considered.
PJSC Rosseti identified the strategic development priorities of the group of companies:
PJSC Rosseti manages the companies of the group in accordance with common corporate standards aimed at ensuring the efficiency of business processes, controlling their quality, minimizing all types of corporate risks, and maintaining information disclosure and transparency of their activities.
[1] PJSC Rosseti Kuban
PJSC Rosseti Lenenergo
PJSC Rosseti Moscow Region
PJSC Rosseti Volga
PJSC IDGC of North-West provides services under the brand Rosseti North-West
PJSC Rosseti Northern Caucasus
PJSC Rosseti Siberia
JSC IDGC of Urals provides services under the brand Rosseti Urals
IDGC of Centre, PJSC provides services under the brand Rosseti Centre
IDGC of Centre and Volga Region, PJSC provides services under the brand Rosseti Centre and Volga Region
PJSC Rosseti South
PJSC TRK provides services under the brand Rosseti Tomsk
JSC Rosseti Tyumen
JSC Yantarenergo provides services under the brand Rosseti Yantar
PJSC FGC UES provides services under the brand Rosseti FGC UES