OREANDA-NEWS. June 20, 2014. The Board of Directors approved the Policy of Innovative Development, Energy-Saving and Efficiency Increase.

The document is approved in accordance with the development strategy of the Russian Grids Sector (Government Decree #511-r dd. 03.04.2013) and is aimed at the alignment of activities of IDGC of Urals and Rosseti in innovative development, ecology, energy-saving and efficiency.
 
Approval of 1Q 2014 business plan completion report
The Board of Directors approved a report on 1Q 2014 business plan completion. The key parameters are as follows:

RUR mln. 1Q 2014
Revenues 16 277
Expenses 14 776
Net profit 120
 
The Board of Directors also approved 4Q 2013 and 2013 reports on business plan (including investment program) and target KPIs completion, progress report prepared by the Audit Committee for 2013-2014 and report on the execution of BoD instructions for 4Q 2013.