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Company Profile For OAO "INTER RAO EES"

OAO "INTER RAO EES" (IRAO.RTS) (Russian Trading System (Paufor))
sector: Utilities · industry: Utilities - Electric ·
As of  30 Oct 2009
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Overview

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.

Quick Financial Synopsis

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.

Company Address

OAO "INTER RAO EES"
ul. Karla Libknekhta 10
Krasnodarskiy kray
Sochi     354000
P: +7495.9670527
F: +7495.9670526

Total Employees

15345

Find Out More About IRAO.RTS

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