komi energosbytovaya co-brd (KESK) Snapshot

Komi Energy Retail Company Open Joint Stock Company, Annual General Meeting, Jan 15, 2013. Agenda: To approve the annual report of the company for 2011, the annual financial statement for 2011; to consider profit and loss distribution (including dividend payout) for the fiscal year 2011; to consider the election of the board of directors and revision commission; to consider an auditor of the company revised charter; to consider and to consider revised bylaw on the AGM procedure.

Rosenergoatom Concern OJSC reportedly is seeking to acquire electricity supply companies. Eugenie Romanov, Chief Executive Officer of Rosenergoatom, told the strategy committee of State Atomic Energy Corporation ROSATOM is to consider the proposal to acquire supply companies. The committee is going to consider juridical issues as well as the valuation of supply companies. According to Interfax, Rosenergoatom was negotiating the acquisition of CJSC Integrated Energy Systems 's contrlling stake in Sverdlovenergosbyt, OAO KirovEnergoSbyt, Komi Energy Retail Company Open Joint Stock Company, OAO Udmurt Energy Retail Company, Marienergosbyt Open Joint-Stock Company and OAO Orenburgenergostroyremont in a deal valued at RUB 20 billion