Hotline of power engineering specialists:
IDGC of Centre’s management within annual meetings with minority shareholders prior to the Annual General Meeting of Shareholders held in Moscow a meeting with a representative of the managing company TKB BNP Paribas Investment Partners. The event was attended by Deputy General Director for Economy and Finance Sergey Rumyantsev, Acting Deputy General Director for Logistics and Procurement Dmitry Sklyarov, and Head of IR Division Sergey Ternikov.
During the meeting the representatives of IDGC of Centre’s management summed up financial and operating results of the Company for 2013 and the 1st quarter of 2014, as well as informed about forecasts based on the approved Business Plan for 2014 on electric energy net supply and revenue dynamics. Particular attention was paid to the effectiveness of the investment program implementation and the results of performing the functions of a supplier of last resort in some regions of the service area.
Summarizing the meeting, Deputy General Director for Economy and Finance Sergey Rumyantsev stressed that such events are conducted by IDGC of Centre on a regular basis and are considered as a priority in the framework of increasing the company's investment attractiveness. According to him, "maintaining a constant dialogue with minority shareholders and information disclosure are an integral part of high standards of corporate governance, which the company supports."
In turn, the representative of TKB BNP Paribas Investment Partners noted that such meetings with IDGC of Centre’s management positively affect the company's image and allow to take in the process of investing more informed decisions.
For reference:
TKB BNP Paribas Investment Partners is in the TOP 3 major companies operating in the Russian market to manage private and corporate capital. Total net assets under its management and counselling are over 214.1 billion rubles. The company has maximum reliability ratings from leading Russian rating agencies.