OREANDA-NEWS. The Board of Directors heard and noted the report on the use of properties in Moscow owned by the Company's subsidiaries and dependent companies.

RAO UES entities currently own over 3,000 various properties in Moscow:
• properties directly related to the electricity industry, i.e. those used for the generation, distribution, transmission, dispatching and sale of electricity and heat;
• auxiliary properties, which are related to the repairs and maintenance, engineering, systemic, accounting and metering services;
• non-core properties, which are not used for the above activities.


In view of the high financial and reputational risks involved in the sale of real properties in Moscow, RAO "UES of Russia" has taken a number of measures to ensure professional approach and transparency of such transactions.