OREANDA-NEWS. 11 and 12 August PJSC "Rosseti" in conjunction with the subsidiary IDGC of Centre, PJSC are holding the Investor’s and Analysts’ Day. A platform for a constructive dialogue is the Belgorod branch of IDGC of Centre, which occupies a leading position in terms of electricity transmission and connection of customers to power grids. 

Director of Corporate Governance and Shareholder and Investor Relations of PJSC "Rosseti" Denis Guryanov, Deputy General Director for Economy and Finance of IDGC of Centre, PJSC Sergey Rumyantsev, First Deputy Director of IDGC of Centre - Belgorodenergo Alexander Shadrin, as well as representatives of the government of the Belgorod region and leading investment analysts and portfolio managers, representing the companies, traditionally cooperating with the Russian energy sector — Gazprombank, Investment Company Aton, Management Company "Uralsib", Russian Agricultural Bank Asset Management, Investment Company RUSS INVEST and others are participating in the meeting with representatives of the investment community. 

First Deputy Director of IDGC of Centre - Belgorodenergo Alexander Shadrin told the participants about the peculiarities of development of the region and plans for investment in infrastructure projects of the company. Thus, according to the National rating of the investment climate in the Russian regions, which is for the second consecutive year estimated by the Agency for Strategic Initiatives, namely infrastructure development and elimination of administrative barriers allowed the Belgorod region to enter the group of leaders, and to take the second place. The region, which is home to 1% of the population, produces 4.3% of the total agricultural products. The demand for connection to the power grid grows every year, indicating a steady economic growth of welfare of the Belgorod region. According to Chairman of the Commission on the state regulation of prices and tariffs of the Belgorod region Gennady Bondarev, the government of the region is in close cooperation with the Belgorod branch of IDGC of Centre, thus ensuring a consistent investment policy, effective work to improve the availability of grid facilities, to reduce the time of grid connection. Due to the planned collaboration the grid connect time period has decreased from 200 days since 2006 to 80 in 2016.

The meeting participants paid special attention to the issues of tariff regulation, the financial results of the company and the scope of capital investments. According to Deputy General Director for Economy and Finance of IDGC of Centre, PJSC Sergey Rumyantsev, in a difficult macro-economic situation the company maintains its financial stability, while continuing to reduce operating costs. So, for 6 months of this year they were decreased by 4%, which amounts to 396 million rubles. The volume of electricity transmission services rose to 27.9 billion kWh, which is 1.5% up compared to the same period last year, the electricity losses due to a whole range of ongoing activities decreased and amounted to 9.24%.