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Russia's FAS Approves Asset Swap Between Rushydro And Melnichenko
Russia's Rushydro Approves Asset Swap DEK's Minority Shareholders
VTB, Rushydro Agree To Improve Terms Of Forward Contract
Federal Hydro-Generating Company RusHydro PAO (Federal'naya gidrogeneriruyushchaya kompaniya RusGidro PAO or RusGidro PAO), formerly Federal Hydro-Generating Company RusHydro OAO and GidroOGK OAO, is a Russia-based company, which is engaged in the generation, transmission and distribution of electric energy on the wholesale market of the Russian Federation. The main activity of the Company is production of power from renewable energy sources, developing power generation using water flows, tidal, wind and geothermal energy. The Company operates through numerous branches located across the Russian Federation.
ul. Malaya Dmitrovka, dom 7
Yury Petrovich Trutnev
Chairman of the Board, Non-Executive Director - Representative of the Russian Federation
Nikolay Grigorevich Shulginov
Chairman of the Management Board, Chief Executive Officer, Executive Director
Nikolay Dmitrievich Rogalev
Non-Executive Deputy Chairman of the Board
Boris Borisovich Bogush
Member of the Management Board, First Deputy General Director - Chief Engineer
Andrey Valentinovich Kazachenkov
Member of the Management Board, First Deputy General Director
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Russia has included power firm RusHydro, grid company Rosseti and oil pipeline monopoly Transneft in its 2020-2022 privatisation programme, Interfax news agency reported on Monday, citing a draft of the document. (Reporting by Polina Devitt; Writing by Vladimir Soldatkin...
Russian power company Rushydro has agreed to swap several assets in Russia's far eastern region with its business partner Andrey Melnichenko and plans to complete the deal by the end of 2019, it said on Thursday.
At least three companies including Glencore <GLEN.L> have expressed an interest in buying Rio Tinto's aluminium assets in Iceland, Sweden and the Netherlands for up to $350 million, banking sources said.
At least three companies including Glencore and Trimet Aluminium have expressed an interest in buying Rio Tinto's aluminium assets in Iceland, Sweden and the Netherlands for up to $350 million, banking sources said.
Russian aluminum giant Rusal has launched new production at its Boguchansk aluminum smelter in Siberia on Friday, doubling its capacity to 298,000 tonnes a year.
MSCI Inc on Tuesday said it would add several onshore Chinese stocks to its closely watched and widely duplicated emerging-markets index.
Rio Tinto <RIO.L> <RIO.AX> is close to restarting a sale process for some of its aluminium assets, including a plant in Iceland, which have been valued at around $350 million, two sources familiar with the matter said.
* The Russian government has sent to businesses its list of prospective investment projects, which it wants to develop with companies, Interfax news agency reported on Thursday, citing several sources, familiar with the list.
The start of aluminium production at Russia's Taishet aluminium smelter, a project of sanctions-hit Rusal, has been postponed until after 2020, Russia's economy ministry said in materials prepared for a government meeting.
Plans by Russia's power company Rushydro to join a new aluminium smelter project that Rusal wants to build in Siberia, have been complicated by international sanctions, Rushydro's head Nikolai Shulginov said on Monday.
Russian state energy company InterRAO <IRAO.MM> plans to buy 11.25 percent of its shares held by power company Rushydro <HYDR.MM> and Federal Grid Company (FSK) <FEES.MM>, two sources close to the deals said on Monday.
Russian state energy company InterRAO wants to buy 23.5 percent of its shares from state-controlled power company Rushydro and grid company FSK through a subsidiary or unaffiliated companies, two sources close to the situation told Reuters on Wednesday.
FEDERAL HYDRO-GENERATING COMPANY RUSHYDRO PAO:
* SAYS APPROVED PARTICIPATION OF RUSHYDRO IN TAYSHETSKIY ALUMINUM SMELTER ("TAAS") CONSTRUCTION PROJECT SUBJECT TO CONDITIONS PREVIOUSLY DETERMINED
* SAYS OPENS RUB 30 BILLION CREDIT LINE WITH VTB BANK Source text - https://bit.ly/2GIzqsC
* SAYS OPENS THREE CREDIT LINES FOR KAMCHATSKENERGO FOR RUB 750 MILLION Further company coverage: (Gdynia Newsroom)
Russia's state-controlled power company Rushydro may join a new aluminium smelter project which Rusal, the world's second-largest aluminium producer, plans to build in Siberia, the board chairman of Rushydro told Reuters.
* Could start talks with China on new Panda bond programme (Releads, adds detail on smelter project)
* SAYS BANK VTB INCREASES ITS STAKE IN COMPANY TO 13.5% FROM 4.6% Source text: http://bit.ly/2sqEpYd Further company coverage: (Gdynia Newsroom)
Russian state companies should use their net profit calculated under international accounting standards, if they prepare such financial reports, as a base for dividend payments, the Russian government said in an order on Thursday.
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