OREANDA-NEWS. June 27, 2013. Review of a report on the completion of the Energy-saving and Efficiency Increase Program in 1Q 2013.

The BoD approved a report on the completion of the Energy-saving and Efficiency Increase Program in 1Q 2013. 
 
Approval of a credit policy report

The BoD approved a 1Q 2013 credit policy report of the Company. As of 01.04.2013 our credit portfolio totaled RUR 10 228.1 mln. The Company observed all the set debt limits, debt financing was according to the amount of maximum debt rate as of the reported period approved by the BoD.
 
Determination of the Company's (representatives') positions on agenda issues of the GSM and BoD sessions of the SACs

The BoD entrusted its representatives at EESK and EES to vote "FOR" while adopting resolution on the approval of the report on 1Q2013 business plans as well as target KPIs completion. Besides, The BoD entrusted its representatives to ensure the election of nominated BoD and AC candidates of EESK, EES and Energy Service Company of the Urals.