Jump to content

FGC UES: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
[pending revision][accepted revision]
← Previous edit
Content deleted Content added
VisualWikitext
Diggerty (talk | contribs)
37 edits
m →History: just minor changes to make it read easier
Monkbot (talk | contribs)
Bots
3,613,631 edits
m Task 20: replace {lang-??} templates with {langx|??} ‹See Tfd› (Replaced 1);
 
(37 intermediate revisions by 28 users not shown)
Line 1: Line 1:
{{short description|Russian electricity grid operator}}
⚫
{{Use dmy dates|date=February 2019}}
{{rough translation|1=Russian|date=October 2013}}
{{rough translation|1=Russian|date=October 2013}}
{{copyedit|date=February 2019}}
{{Infobox company
{{Infobox company
| name = Federal Grid Company of Unified Energy System JSC
| name = Federal Grid Company of Unified Energy System JSC
| native_name = ОАО Федеральная сетевая компания Единой энергетической системы
| native_name = ОАО Федеральная сетевая компания Единой энергетической системы
| native_name_lang = ru
| native_name_lang = ru
| romanized_name =
| romanized_name = Federalinaya Setevaya Companiya Edinoy Energeticheskoy Sistemy
| logo = Federal Grid Company of Unified Energy System.svg
| logo = Federal Grid Company of Unified Energy System.svg
| logo_size = 220px
⚫
| caption =
| type = [[Public company|Public]] ([[Open Joint-Stock Company|OAO]])
| type = [[Public company|Public]] ([[Open Joint-Stock Company|OAO]])
| traded_as = {{MICEX-RTS|FEES}}
| traded_as = {{MICEX-RTS|FEES}}<br/>{{LSE|FEES}}
⚫
| ISIN = RU000A0JPNN9
| fate =
| fate =
| predecessor = [[RAO UES]]
| predecessor = [[RAO UES]]
Line 21: Line 21:
| locations =
| locations =
| area_served =
| area_served =
| key_people = [[Oleg Budargin]] <small>([[Chairman]])</small>
| key_people = Andrey Murov <small>(CEO)</small>
| industry = [[Energy industry|Energy]]
| industry = [[Energy industry|Energy]]
| products =
| products =
Line 35: Line 35:
| equity = {{wikidata revenue|equity|USD}}{{wikidata revenue|equity|ref}}
| equity = {{wikidata revenue|equity|USD}}{{wikidata revenue|equity|ref}}
| equity_year = {{wikidata revenue|equity|year}}
| equity_year = {{wikidata revenue|equity|year}}
| owner = [[Rosseti]] (80.1%)<ref>{{cite web|title=Список аффилированных лиц|url=http://www.e-disclosure.ru/portal/files.aspx?id=379&type=6|website=e-disclosure.ru|accessdate=26 August 2017}}</ref>
| owner = [[Rosseti]] (80.1%)<ref>{{cite web|title=Список аффилированных лиц|url=http://www.e-disclosure.ru/portal/files.aspx?id=379&type=6|website=e-disclosure.ru|access-date=26 August 2017}}</ref>
| num_employees = 21,019
| num_employees = 22,000 (2018)
| parent = [[Rosseti]]
| parent = [[Rosseti]]
| divisions =
| divisions =
| subsid =
| subsid =
| homepage = {{URL|http://www.fsk-ees.ru}}
| homepage = {{URL|www.fsk-ees.ru}}
| footnotes =
| footnotes =
| intl =
| intl =
}}
}}

'''FGC UES''' ({{lang-ru|Федеральная сетевая компания Единой энергетической системы|Federalinaya Setevaya Companiya Edinoy Energeticheskoy Sistemy|Federal Grid Company of Unified Energy System}}) is the largest electricity transmission company grid in Russia.
'''OAO FGC UES''' ({{langx|ru|Федеральная сетевая компания Единой энергетической системы|Federalinaya Setevaya Companiya Edinoy Energeticheskoy Sistemy|'''Federal Grid Company of Unified Energy System'''}}) is a state-owned energy company located in Moscow, Russia. It is the country's largest transmission grid company. The company is listed at the [[Moscow Exchange|Moscow]] and [[London Stock Exchange|London]] stock exchanges with 80.13% of shares owned by Rosseti.


==History==
==History==
The [[Order of the Government of Russia|Government Decree]] of 11 July 2001 № 526 "On Restructuring the Electric Power Russia" Unified Energy System of Russia was recognized as a "national property to guarantee energy security of the state." The main goal of the EEC is to create a "unified national energy network, which includes a system of trunk lines, uniting the majority of regions of the country, and representing one of the elements guarantees the integrity of the state." For its "preservation and strengthening of the unity of technological management and implementation of public policies in the electricity industry" was provided for the establishment of the Federal Grid Company (FGC). In a subsequent decision of the Government of Russia on December 21, 2001, the number 881 was approved criteria to identify the main lines of electric power and economy to the Unified National (All-Russia) electrical network (ENES).
In 2001, the Government of Russia reformed the [[Unified Energy System of Russia]] to create a unified national energy network, which includes a system of trunk lines, uniting most regions. For its operation, the Federal Grid Company (FGC UES) was created.


In November 2001, the Board of Directors of [[RAO UES]] defined the stages of creation of FGC UES. The company was established on 25 January 2002 as a subsidiary of RAO UES.<ref>(Minutes 25 January 2002 No. 109)</ref> The charter capital of UES FGC was 127&nbsp;billion roubles. It was paid in cash and by transmission grids owned by RAO UES. UES FGC was registered on 25 June 2002.
To implement the Government's power sector reform in terms of grid complex, relating to the ENES, in November 2001 the Board of Directors of [[RAO UES]] of Russia "defined the stages of creation" of the Federal Grid Company and the basic norms of governance FGC."


⚫
On 1 July 2008, FGC UES was divided off from RAO UES. At the same time, a single operating company was created by merging with 54&nbsp;companies operating transmission systems of former regional power utilities.<ref name=kommersant>{{Cite news
On 25 January 2002 the Board of Directors of RAO UES of Russia "decided on the establishment of OAO" Federal Grid Company of Unified Energy System "(OAO" FGC UES "). Decisions of the Board of Directors had approved participation of RAO UES of Russia as the sole founder of OAO "UES FGC" and approved by the Chair of the Board of OJSC "FGC UES",<ref>(Minutes 25 January 2002 № 109)</ref> approved by the size and value of the assets of RAO UES of Russia "transferred to the authorized capital of OAO" FGC UES ",<ref>(Minutes of 15 March 2002 № 112)</ref> approved a deal to introduce the property to the authorized capital of OAO" FGC UES ".<ref>(Minutes of 7 May 2002 № 115)</ref>

The decision of the Board of Directors of RAO UES of Russia "charter capital of OAO" UES FGC "was set at 127&nbsp;billion rubles. In its payment of RAO UES of Russia "were made money, as well as grid complex, owned by RAO UES of Russia".

On 25 June 2002 an official state registration of new companies - OJSC Federal Grid Company of Unified Energy System "(OAO" FGC UES "). OAO "FGC UES" was created as an organization to manage a unified national (All-Russia) electrical network with a view to its preservation and development. The main activities of JSC "FGC UES", embodied in the charter of a company are:

*management of a unified national (All-Russia) electrical network;
*provision of services to the wholesale electricity market of the electricity;
*transmission and adherence to the electrical network;
*investment activities in the development of a unified national (All-Russia) electrical network;
*upkeep of electrical networks;
*technical supervision of the state of the network objects UES of Russia.

⚫
On 1 July 2008, FGC UES was spun off from RAO UES. At the same time, a single operating company was created by merging with 54&nbsp;companies operating transmission systems of former regional power utilities.<ref name=kommersant>
{{Cite news
| title = FGC merges grids into a company with capitalization of $2 bn
| title = FGC merges grids into a company with capitalization of $2 bn
| publisher = Kommersant
| publisher = Kommersant
| date = 2007-02-15
| date = 2007-02-15
| url= http://www.antcm.ru/mmediainf.asp?id=818&rbr=0&sw=leverage&lng=2
| url = http://www.antcm.ru/mmediainf.asp?id=818&rbr=0&sw=leverage&lng=2
| accessdate =2008-07-27}} {{Dead link|date=October 2010|bot=H3llBot}}
| access-date = 2008-07-27
| archive-date = 21 October 2023
</ref> It took also over remain assets of RAO UES.
| archive-url = https://web.archive.org/web/20231021100738/http://www.antcm.ru/mmediainf.asp?id=818&rbr=0&sw=leverage&lng=2
| url-status = dead
}}</ref> In November 2012, the majority of the company (79.55%) was transferred to the state-controlled holding company Rosseti.


==Shareholders==
==Operations==
FGC UES owns, operates and supervises {{convert|142000|km}} of the transmission grids in Russia. It also provides services to the wholesale electricity market in Russia. It owns an 8.57% stake in the energy company [[Inter RAO]].
⚫
According to regulations, the Russian Government should have at least 75% plus one share of the company. As of 1 July 2007, the Russian Government owned 77.66% of company shares, while 22.34% was owned by minority shareholders. These shares are freely traded at [[Moscow Exchange]].


==Management==
==Shareholders==
⚫
According to regulations, the Russian Government should control at least 75% plus one share of the company. {{As of|2017|12|31}}, it controlled 80.13% through the holding company Rosseti and 0.59% through the holding company [[Rosimushchestvo]], while 19.28% was owned by minority shareholders. These shares are freely traded at [[Moscow Exchange]] and [[London Stock Exchange]].
The chairman of the Board of Directors is [[Boris Ayuyev]]. Industry and Energy Minister [[Viktor Khristenko]] is also a member of the board. The chairman of the Managing Board is [[Andrey Rappoport]].
[[Guns N' Roses]] reportedly earned $1&nbsp;million in 2010 to play a private show in Moscow for Alexander Chistyakov, deputy chairman of the management board of the company.<ref>[http://www.idetroitonline.com/archive/entertainment/2011/02-28-2011-money-performers-make-on-private-performances.html "The shocking amounts of money performers make on private performances"] {{Webarchive|url=https://web.archive.org/web/20120323155914/http://www.idetroitonline.com/archive/entertainment/2011/02-28-2011-money-performers-make-on-private-performances.html |date=2012-03-23 }}, 28 February 2011, iDetroit Online, Retrieved 14 May 2011</ref>


==See also==
==See also==
Line 88: Line 77:


==External links==
==External links==
* {{official website|http://www.fsk-ees.ru/eng/}}
* {{Official website|http://www.fsk-ees.ru/eng/}}


{{Power companies of Russia}}
{{Power companies of Russia}}
{{Moscow Exchange Index}}
{{Moscow Exchange Index}}
{{Authority control}}


⚫
{{Use dmy dates|date=February 2019}}
{{DEFAULTSORT:Fgc Ues}}
{{DEFAULTSORT:Fgc Ues}}
[[Category:Companies based in Moscow]]
[[Category:Companies based in Moscow]]
[[Category:Companies listed on the Moscow Exchange]]
[[Category:Companies listed on the Moscow Exchange]]
[[Category:Companies in the MOEX]]
[[Category:Electric power transmission system operators in Russia]]
[[Category:Electric power transmission system operators in Russia]]
[[Category:Companies established in 2002]]
[[Category:Companies established in 2002]]

Latest revision as of 12:21, 27 October 2024

Federal Grid Company of Unified Energy System JSC
Native name
ОАО Федеральная сетевая компания Единой энергетической системы
Federalinaya Setevaya Companiya Edinoy Energeticheskoy Sistemy
Company typePublic (OAO)
MCX: FEES
LSE: FEES
ISINRU000A0JPNN9
IndustryEnergy
PredecessorRAO UES
Founded2002 (2002)
Headquarters
Moscow
,
Russia
Key people
Andrey Murov (CEO)
ServicesElectric power transmission
Revenue$3.86 billion[1] (2019)
$1.59 billion[1] (2019)
$1.34 billion[1] (2019)
Total assets$19.9 billion[1] (2019)
Total equity$13.9 billion[1] (2019)
OwnerRosseti (80.1%)[2]
Number of employees
22,000 (2018)
ParentRosseti
Websitewww.fsk-ees.ru

OAO FGC UES (Russian: Федеральная сетевая компания Единой энергетической системы, romanized: Federalinaya Setevaya Companiya Edinoy Energeticheskoy Sistemy, lit. 'Federal Grid Company of Unified Energy System') is a state-owned energy company located in Moscow, Russia. It is the country's largest transmission grid company. The company is listed at the Moscow and London stock exchanges with 80.13% of shares owned by Rosseti.

History

[edit]

In 2001, the Government of Russia reformed the Unified Energy System of Russia to create a unified national energy network, which includes a system of trunk lines, uniting most regions. For its operation, the Federal Grid Company (FGC UES) was created.

In November 2001, the Board of Directors of RAO UES defined the stages of creation of FGC UES. The company was established on 25 January 2002 as a subsidiary of RAO UES.[3] The charter capital of UES FGC was 127 billion roubles. It was paid in cash and by transmission grids owned by RAO UES. UES FGC was registered on 25 June 2002.

On 1 July 2008, FGC UES was divided off from RAO UES. At the same time, a single operating company was created by merging with 54 companies operating transmission systems of former regional power utilities.[4] In November 2012, the majority of the company (79.55%) was transferred to the state-controlled holding company Rosseti.

Operations

[edit]

FGC UES owns, operates and supervises 142,000 kilometres (88,000 mi) of the transmission grids in Russia. It also provides services to the wholesale electricity market in Russia. It owns an 8.57% stake in the energy company Inter RAO.

Shareholders

[edit]

According to regulations, the Russian Government should control at least 75% plus one share of the company. As of 31 December 2017, it controlled 80.13% through the holding company Rosseti and 0.59% through the holding company Rosimushchestvo, while 19.28% was owned by minority shareholders. These shares are freely traded at Moscow Exchange and London Stock Exchange.

See also

[edit]

References

[edit]
  1. ^ a b c d e "IFRS Financial Reports for 2019" (PDF). FGC UES. 5 March 2020. p. 53. Retrieved 5 March 2020.
  2. ^ "Список аффилированных лиц". e-disclosure.ru. Retrieved 26 August 2017.
  3. ^ (Minutes 25 January 2002 No. 109)
  4. ^ "FGC merges grids into a company with capitalization of $2 bn". Kommersant. 15 February 2007. Archived from the original on 21 October 2023. Retrieved 27 July 2008.
[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=FGC_UES&oldid=1253700601"