Company News

Pavel Livinskiy, Head of Rosseti Group of Companies, held talks in Moscow with Jean-Bernard Levy, CEO of EDF, the largest state-owned electric utility company of France (Électricité de France). 

The Rosseti Group summed up the results of the work of the electric grid complex on holidays and weekends in 2020. Despite the unfavorable meteorological conditions in a number of regions, over the period of January 1-8, 2020, there was no significant power system disturbance in the operation of the main grid of 35 kV and above, which could cause long interruptions in the supply of electricity to consumers.

Pavel Livinskiy, Director General of Rosseti, held a meeting of the Electric Grid Complex Headquarters in the form of video conferencing, during which he heard reports from heads of subsidiaries on work during the New Year holidays.

Rosseti proved the best practices in the field of disclosure of information on sustainable development and corporate responsibility, taking a leading role in the corporate reporting indices “Responsibility and Openness” and “Vector of Sustainable Development” calculated by the Russian Union of Industrialists and Entrepreneurs (RSPP).

On December 26, the Board of Directors of Rosseti, chaired by Alexander Novak, Minister of Energy of the Russian Federation, approved a new strategy of the holding that defines the goals and directions for the development of the Group of Companies.

In the situation analytic center of the Rosseti headquarters, in the format of videoconferencing, ceremonial operational commissioning of the 110 kV substations took place in Krasnodar Krai, Altai Krai, Khanty-Mansi Autonomous Okrug - Yugra and Yamalo-Nenets Autonomous Okrug.  

In a festive atmosphere, Pavel Livinsiy, Head of the Rosseti Group, and Stanislav Voskresenskiy, Governor of the Ivanovo Oblast, opened a new facility. 

On December 18, 2019, the Rosseti Group commissioned several modern power facilities in Irkutsk and Tyumen Oblast, that significantly increase the systemic reliability of power supply to consumers in several regions of Ural, Siberian and Far Eastern Okrug and provide the stock of transformer power necessary for further socio-economic development of these territories.

Non-Profit Partnership ‘Russian Institute of Directors’ once again confirmed the rating of the corporate governance of Rosseti at the level of 7++ ‘Developed Corporate Governance Practice’. These results confirm that the company complies with the requirements of the Russian legislation in the field of corporate governance and follows a significant number of recommendations of the Russian Corporate Governance Code. It can also be characterized by a high level of corporate governance and low risks of owners’ loss related to the quality of corporate governance.