sector: Utilities ·
industry: Utilities - Electric ·
As of
30 Oct 2009
0.00USD
INTER RAO EES OAO (INTER RAO UES OJSC) is a Russia-based company engaged in the energy sector. It is principally involved in the production and distribution of thermal and electrical energy by thermal power stations. It has production capacity of approximately 18,000 megawatts. The Company also provides its customers with the management of foreign assets. INTER RAO EES OAO operates through seven branches and also one representative office in the Amur Region. The Company trades electrical power in the domestic and foreign markets. It has 10 subsidiaries and three affiliated companies.
BRIEF: For the fiscal year ended 31 December 2008, INTER RAO EES OAO's revenue increased 31% to EUR1.67B. Net income for the period totaled EUR77.9M, vs. a loss of EUR60.7M. Revenue reflects increased demand for the Company's services mainly from Distribution and Trading business segment as well as favorable market conditions. Net income reflects improved operating profit margins due to higher other operating income as well as higher profit from associates.
OAO "INTER RAO EES"
ul. Karla Libknekhta 10
Krasnodarskiy kray
Sochi 354000
P: +7495.9670527
F: +7495.9670526