Geography

PJSC "Rosseti" and "REP Holding" signed an Agreement on strategic partnership

PJSC "Rosseti" and "REP Holding" signed an Agreement on strategic partnership 01.06.2017

"REP Holding" signed an Agreement on a long-term cooperation with the largest operator of electric networks in Russia – PJSC "Rosseti". The document was signed within the framework of the XXI St. Petersburg International Economic Forum with participation of heads of companies - President of "REP Holding" Tagir Nigmatulin and the Director General of PJSC "Rosseti" Oleg Budargin.

The main purpose of the Agreement is to establish mutually beneficial relations of strategic partnership in the development and production of modern power and electrical equipment. Collaboration involves the creation of new products for the needs of companies of "Rossetti", including innovative equipment, aimed at the implementation of Smart Grid projects and small generation in the power grid complex of Russia.

The Agreement also involves the participation of "REP Holding" in identifying promising issues and joint research and development work for production of the components and element base for power and electrical equipment of the electric grid complex.

"The signing of the Agreement on a long-term cooperation with PJSC "Rosseti" is an important step for "REP Holding", which may give a new impetus to the development of import substitution on production site of the "Electropult" plant, to increase the intensity of work in the field of innovative development and production of competitive products," – the President of "REP Holding" Tagir Nigmatulin gave an assessment to the Agreement.

"Rosseti" creates the conditions for the modernization and further development of industrial complex of Russia. "This Agreement will provide loading of the domestic enterprises in the framework of the future projects," – said Director General of PJSC "Rosseti" Oleg Budargin.


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