OREANDA-NEWS. October 8, 2009. Alexey Demidov: transition of distribution grid companies of IDGC Holding to RAB-regulation creates the best conditions for attraction of the investments.

IDGC of North-West got the award of IDGC Holding for the best meeting with the investors in the current year.

Corporate awards of IDGC Holding were given to the managers of subdivisions by the results of subsidiary companies’ IR- services work during the meeting which took place on October 6 in Moscow.

Alexey Demidov, Economy and Finance Deputy General Director held the floor at the meeting of the Investor Relation services of the distribution gird complex. He drew the attention of the present to the large scale of goals which are solved by the Holding. He noted that to provide the reliability of the electric grids functioning and the increase of quality of services rendered to the consumers, the Company realizes the large scale investment programs.

In this connection, according to Alexey Demidov, the transition of distribution grid companies of IDGC Holding to RAB-regulation creates the best conditions for attraction of the investments.

“Attraction of the investors is not only the necessity, but it is a part of the state policy”, Alexey Demidov emphasized. According to him the “growing quotation of shares of the distribution gird complex companies  shows that the investors positively accept the plans of the company”.

Economy and Finance Deputy General Director of IDGC Holding mentioned the considerable role that Investor Relation services play both for the investors of Holding and its subsidiary and dependent companies aiming at increasing the investment attractiveness of the distribution gird complex and interregional distribution grid companies.