OREANDA-NEWS. On July 09, 2008 The new edition of JSC “RusHydro” Charter, approved by the General shareholders meeting (on June 25, 2008), received the State registration, reported the press-centre of RusHydro.
 
Starting with the fourth of July the full company name is Public joint-stock Company “RusHydro” (the former name of the company in Russian was “HydroOGK”); so now the shorten Company name corresponds with its official internationally known name in English – JSC “RusHydro”.
 
Rebranding of JSC “HydroOGK” into JSC “RusHydro” is connected with the renewed strategy of the company and with the fact that the company shares entered the international securities market.
 
Yesterday JSC “RusHydro” published audited consolidated financial report for 2007 available in the form corresponding International Financial Reporting Standards.
 
Total revenue of the Group in 2007 equaled 47 770 million rubles (this position increased by 23 677 million rubles comparing with 24 092 million rubles in 2006). Net profit of JSC “RusHydro” Group in 2007 equaled 6 525 million rubles.
 
Note:
* JSC “RusHydro” is the largest generation company in Russia and the second world largest company among hydro-generating companies according to its installed capacity. Total installed capacity of the Company equals 25GW. JSC “RusHydro” holds 15% share of the Russia Electricity Market.

JSC “RusHydro” is leading in the power generation from renewable energy sources; the Company develops electric power generation from the following sources: power of water flows, tidal power, wind power and geothermal power.