Utilities - USA vs RUSSIA Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Utilities - USA vs RUSSIA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Copperfield who started this subject	9/17/2003 9:22:49 AM
From: Copperfield	of 26

Capitalisation of Russia's Unified Energy Systems stands at $14 billion According to data for this September, capitalisation of the Unified Energy Systems of Russia runs into 14 billion dollars, head of the energy holding Anatoly Chubais said at a press conference in RIA Novosti on Wednesday. He explained that compared with the data for September 2002 the value of the company's shares had increased by $11 billion. "So, we have produced the best result among all Russian companies", Chubais believes. He also noted that the company's good performance enables it to actively interact with banks, and to take loans for carrying out its projects. "In particular, our investment projects in the CIS countries are being carried out not due to the tariff component, not due to the money collected in Russia but due to the bank credits", Chubais said. "We plan to pay the loans from the profits received from the implementation of our business projects". He specified that the energy holding was introducing a similar pattern in Russia. A month ago the implementation of such an investment project began in the Belgorod Region (Central Russia).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next