As a result of activities in 1 half of 2009, IDC Center and Volga Region has a financial strength rating of B2
September 2 MRSK Center and Volga Region under the leadership of General Director of IDC Holding Nikolai Shvets was intramural board of directors of the company.
The agenda of the session included reports on the activities of the Company Board for 2 quarter 2009, to comply with corporate governance code in the first half of 2009, on credit policy in the second quarter, meeting the requirements of the Information Society policy and other issues of current activities.
According to the board of directors, the company has successfully coped with the tasks assigned. As a result of activity of JSC MRSC of Center and Volga Region in the first half of 2009, all limits on debt position are performed in connection with which, the company attributed to a financially stable group of credit A. Financial strengthrating on the company's activity results in the first half corresponds to the group B2, ie the financial condition of society is satisfactory.
At the meeting it was noted that the program of capital investments, IDC Center and Volga Region for the first quarter of 2009, executed by 154% and amounted to 1.3 billion rubles.
Summing up the meeting, Chairman Nicholas Shvets said that as state and socially-oriented company, IDC Center and Volga Region provides a reliable power supply to consumers of the nine regions of Russia, fulfilling the government's job to prevent disruptions in the supply of electricity. In this case all obligations to investors and shareholders are carried out in strict accordance with the law On Joint Stock Companies. government showered failures in lending ... The only hope remains Putin, Gaddafi and head of the NBU ...
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